https://www.taxtmi.com/caselaws?id=422476 NAPA found cinema operator contravened section 171 of CGST Act by failing to reduce ticket prices commensurate with GST rate reduction from January 2019 to January 2020. Authority determined total profiteering amount of Rs. 12,06,750 across different ticket categories. Respondent directed to reduce prices accordingly and deposit profiteered amount in Consumer Welfare Fund with 18% interest within three months. Penalty provisions under section 171(3A) applicable for violations post-January 2020, waivable if amount deposited within thirty days. Application disposed. en-us Tue, 10 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422476 NAPA found cinema operator contravened section 171 of CGST Act by failing to reduce ticket prices commensurate with GST rate reduction from January 2019 to January 2020. Authority determined total profiteering amount of Rs. 12,06,750 across different ticket categories. Respondent directed to reduce prices accordingly and deposit profiteered amount in Consumer Welfare Fund with 18% interest within three months. Penalty provisions under section 171(3A) applicable for violations post-January 2020, waivable if amount deposited within thirty days. Application disposed. Case-Laws GST Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422476