Supplier Accused of Profiteering by Not Passing GST Reduction on Fogg Deo to Consumers, Says DGAP Report.

Supplier Accused of Profiteering by Not Passing GST Reduction on Fogg Deo to Consumers, Says DGAP Report. https://www.taxtmi.com/highlights?id=53603 Profiteering - supply of Fogg Deo Fougere BX 150 ml - allegation that the benefit of tax reduction not passed on - the DGAP has calculated the amount of net higher sales realization due to increase in the base price of the impacted good/products, despite the reduction in the GST rate from 28% to 18% - Case of profiteering established. en-us Thu, 04 Jun 2020 05:30:45 +0530 Thu, 04 Jun 2020 05:30:45 +0530 TaxTMI RSS Generator Supplier Accused of Profiteering by Not Passing GST Reduction on Fogg Deo to Consumers, Says DGAP Report. https://www.taxtmi.com/highlights?id=53603 Profiteering - supply of Fogg Deo Fougere BX 150 ml - allegation that the benefit of tax reduction not passed on - the DGAP has calculated the amount of net higher sales realization due to increase in the base price of the impacted good/products, despite the reduction in the GST rate from 28% to 18% - Case of profiteering established. Highlights GST Thu, 04 Jun 2020 05:30:45 +0530 https://www.taxtmi.com/highlights?id=53603