https://www.taxtmi.com/article/detailed?id=9497 The Authority addressed a complaint that a supplier failed to pass on GST rate reduction on refrigerators by comparing pre and post GST transaction basic prices after discount; after DGAP investigation and reassessment of pre GST credit reversals and state tax incidence, the Authority determined that the commensurate benefit had not been passed, applied Rule 133 remedies to quantify the denied benefit and directed deposit into Consumer Welfare Funds with interest and further inquiry into penal liability under Section 171. en-us Mon, 05 Oct 2020 06:57:05 +0530 Mon, 05 Oct 2020 06:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9497 The Authority addressed a complaint that a supplier failed to pass on GST rate reduction on refrigerators by comparing pre and post GST transaction basic prices after discount; after DGAP investigation and reassessment of pre GST credit reversals and state tax incidence, the Authority determined that the commensurate benefit had not been passed, applied Rule 133 remedies to quantify the denied benefit and directed deposit into Consumer Welfare Funds with interest and further inquiry into penal liability under Section 171. Articles Goods and Services Tax - GST Mon, 05 Oct 2020 06:57:05 +0530 https://www.taxtmi.com/article/detailed?id=9497