https://www.taxtmi.com/caselaws?id=402403 The Respondent in the case failed to pass on the benefit of a GST rate reduction on movie admission tickets from 18% to 12%, as required by Section 171 of the CGST Act, 2017. The investigation revealed that the Respondent increased ticket prices despite the rate reduction, resulting in a profiteered amount of Rs. 2,23,850/-. The Respondent was directed to deposit this amount with interest into specified welfare funds within three months. Failure to comply would lead to recovery by the Commissioner CGST and SGST. The Order emphasized the importance of complying with the statutory provisions and monitoring by the relevant authorities. en-us Tue, 17 Nov 2020 00:00:00 +0530 Fri, 21 Mar 2025 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402403 The Respondent in the case failed to pass on the benefit of a GST rate reduction on movie admission tickets from 18% to 12%, as required by Section 171 of the CGST Act, 2017. The investigation revealed that the Respondent increased ticket prices despite the rate reduction, resulting in a profiteered amount of Rs. 2,23,850/-. The Respondent was directed to deposit this amount with interest into specified welfare funds within three months. Failure to comply would lead to recovery by the Commissioner CGST and SGST. The Order emphasized the importance of complying with the statutory provisions and monitoring by the relevant authorities. Case-Laws GST Tue, 17 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402403