https://www.taxtmi.com/caselaws?id=422582 NAPA held that cinema operator engaged in profiteering by not passing GST rate reduction benefit (28% to 18%) on movie tickets above Rs. 100 from January to June 2019. Respondent collected additional Rs. 42,60,104 through maintained prices despite tax reduction. Authority ordered ticket price reduction, deposit of profiteered amount with 18% interest in Consumer Welfare Funds (Central and State - Rs. 21,30,052 each), and penalty notice issuance under Section 171(3A) CGST Act for contravening anti-profiteering provisions. en-us Thu, 12 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422582 NAPA held that cinema operator engaged in profiteering by not passing GST rate reduction benefit (28% to 18%) on movie tickets above Rs. 100 from January to June 2019. Respondent collected additional Rs. 42,60,104 through maintained prices despite tax reduction. Authority ordered ticket price reduction, deposit of profiteered amount with 18% interest in Consumer Welfare Funds (Central and State - Rs. 21,30,052 each), and penalty notice issuance under Section 171(3A) CGST Act for contravening anti-profiteering provisions. Case-Laws GST Thu, 12 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422582