https://www.taxtmi.com/article/detailed?id=9014 The NAA, relying on DGAP investigation reports, found the supplier denied GST rate reduction benefits, quantified profiteering, ordered commensurate price reduction, directed deposit of the net profiteered amount into Consumer Welfare Funds after crediting amounts already set aside, imposed interest from dates realised, and noted potential penalty liability; Commissioners were directed to monitor compliance under DGAP supervision. en-us Thu, 26 Mar 2020 09:51:18 +0530 Thu, 26 Mar 2020 09:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9014 The NAA, relying on DGAP investigation reports, found the supplier denied GST rate reduction benefits, quantified profiteering, ordered commensurate price reduction, directed deposit of the net profiteered amount into Consumer Welfare Funds after crediting amounts already set aside, imposed interest from dates realised, and noted potential penalty liability; Commissioners were directed to monitor compliance under DGAP supervision. Articles Goods and Services Tax - GST Thu, 26 Mar 2020 09:51:18 +0530 https://www.taxtmi.com/article/detailed?id=9014