https://www.taxtmi.com/caselaws?id=398379 The Respondent in the case was found to have profiteered by not passing on the benefit of a GST rate reduction on admission tickets to exhibition of cinematograph films. The Director-General of Anti-Profiteering determined that the Respondent increased ticket prices instead of reducing them in line with the tax rate decrease. As a result, the Respondent was directed to deposit the profiteered amount of Rs. 5,31,625/- with interest into the Central Consumer Welfare Fund and the Telangana State Consumer Welfare Fund within three months. Although a penalty could not be imposed retrospectively, the Respondent was instructed to comply with the order within the specified timeframe. en-us Tue, 08 Sep 2020 00:00:00 +0530 Wed, 19 Mar 2025 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398379 The Respondent in the case was found to have profiteered by not passing on the benefit of a GST rate reduction on admission tickets to exhibition of cinematograph films. The Director-General of Anti-Profiteering determined that the Respondent increased ticket prices instead of reducing them in line with the tax rate decrease. As a result, the Respondent was directed to deposit the profiteered amount of Rs. 5,31,625/- with interest into the Central Consumer Welfare Fund and the Telangana State Consumer Welfare Fund within three months. Although a penalty could not be imposed retrospectively, the Respondent was instructed to comply with the order within the specified timeframe. Case-Laws GST Tue, 08 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398379