https://www.taxtmi.com/caselaws?id=395253 The National Anti-Profiteering Authority (NAA) found the Respondent guilty of not passing on the benefit of reduced GST rates to consumers, resulting in profiteering of Rs. 25,73,82,482/-. The NAA upheld the jurisdiction of the Director General of Anti-Profiteering (DGAP) to investigate all products affected by the rate reduction. It confirmed the methodology used by the DGAP to calculate the profiteered amount and deemed the anti-profiteering provisions constitutionally valid. The NAA directed the Respondent to reduce prices, deposit the profiteered amount with interest in Consumer Welfare Funds, and face potential penalties under the CGST Act. en-us Tue, 28 Apr 2020 00:00:00 +0530 Wed, 13 May 2020 11:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395253 The National Anti-Profiteering Authority (NAA) found the Respondent guilty of not passing on the benefit of reduced GST rates to consumers, resulting in profiteering of Rs. 25,73,82,482/-. The NAA upheld the jurisdiction of the Director General of Anti-Profiteering (DGAP) to investigate all products affected by the rate reduction. It confirmed the methodology used by the DGAP to calculate the profiteered amount and deemed the anti-profiteering provisions constitutionally valid. The NAA directed the Respondent to reduce prices, deposit the profiteered amount with interest in Consumer Welfare Funds, and face potential penalties under the CGST Act. Case-Laws GST Tue, 28 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395253