https://www.taxtmi.com/caselaws?id=755298 CCI determined that the cinema operator profiteered by maintaining movie ticket prices despite GST rate reduction from 28% to 18% effective January 1, 2019. The respondent failed to pass on benefits of Rs. 88,67,790 to customers from January 2019 to April 2020, violating Section 171 of CGST Act. CCI directed the respondent to deposit the profiteered amount with 18% interest in equal parts to Central and State Consumer Welfare Funds within three months, with penalty applicable for the period from January 2020 onwards under Section 171(3A). en-us Wed, 26 Jun 2024 00:00:00 +0530 Tue, 06 May 2025 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755298 CCI determined that the cinema operator profiteered by maintaining movie ticket prices despite GST rate reduction from 28% to 18% effective January 1, 2019. The respondent failed to pass on benefits of Rs. 88,67,790 to customers from January 2019 to April 2020, violating Section 171 of CGST Act. CCI directed the respondent to deposit the profiteered amount with 18% interest in equal parts to Central and State Consumer Welfare Funds within three months, with penalty applicable for the period from January 2020 onwards under Section 171(3A). Case-Laws GST Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755298