https://www.taxtmi.com/article/detailed?id=9619 The Authority examined whether a supplier complied with Section 171 by passing on a GST rate reduction through price cuts, credit notes or increased grammage. DGAP's comparison of pre-reduction and post-reduction base prices produced an alleged profiteering sum that included excess GST on increased base prices; many claimed deductions lacked SKU-wise correlation or temporal proximity to the rate change. Due to insufficient documentary linkage and unexplained recommendations in the DGAP reports, the matter was remitted for further SKU-level investigation and fresh reporting, with specific data requisitions for pre/post base prices, computations and evidence of benefit passing. en-us Sat, 09 Jan 2021 20:27:41 +0530 Mon, 11 Jan 2021 09:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9619 The Authority examined whether a supplier complied with Section 171 by passing on a GST rate reduction through price cuts, credit notes or increased grammage. DGAP's comparison of pre-reduction and post-reduction base prices produced an alleged profiteering sum that included excess GST on increased base prices; many claimed deductions lacked SKU-wise correlation or temporal proximity to the rate change. Due to insufficient documentary linkage and unexplained recommendations in the DGAP reports, the matter was remitted for further SKU-level investigation and fresh reporting, with specific data requisitions for pre/post base prices, computations and evidence of benefit passing. Articles Goods and Services Tax - GST Sat, 09 Jan 2021 20:27:41 +0530 https://www.taxtmi.com/article/detailed?id=9619