https://www.taxtmi.com/article/detailed?id=9628 A GST anti-profiteering complaint alleged failure to pass on a tax-rate reduction; the DGAP compared pre- and post-rate-reduction base prices and computed a net higher sales realization. Noting that channel- or segment-wise sales data submitted by the respondent could change the result, the authority remanded the matter for recomputation. The DGAP was directed to verify credit-note related negative entries, reconcile GST-return figures with sales data, examine the respondent's own calculation, and analyse channel/segment-formatted data, and to submit a fresh report within the prescribed period. en-us Mon, 18 Jan 2021 13:10:09 +0530 Mon, 18 Jan 2021 13:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9628 A GST anti-profiteering complaint alleged failure to pass on a tax-rate reduction; the DGAP compared pre- and post-rate-reduction base prices and computed a net higher sales realization. Noting that channel- or segment-wise sales data submitted by the respondent could change the result, the authority remanded the matter for recomputation. The DGAP was directed to verify credit-note related negative entries, reconcile GST-return figures with sales data, examine the respondent's own calculation, and analyse channel/segment-formatted data, and to submit a fresh report within the prescribed period. Articles Goods and Services Tax - GST Mon, 18 Jan 2021 13:10:09 +0530 https://www.taxtmi.com/article/detailed?id=9628