https://www.taxtmi.com/caselaws?id=759513 CCI held that the respondent cinema operator engaged in profiteering by failing to pass on GST rate reductions on movie tickets (from 28% to 18% for tickets above Rs. 100 and 18% to 12% for tickets below Rs. 100) effective January 1, 2019. The respondent profiteered Rs. 4,65,549 by maintaining selling prices despite tax reductions. CCI ordered the respondent to reduce ticket prices, deposit the profiteered amount with 18% interest in equal parts to Central and Telangana State Consumer Welfare Funds within three months, and directed CGST/SGST Commissioners to monitor compliance. No penalty was imposed as the relevant provision was not operative during the violation period. en-us Fri, 27 Sep 2024 00:00:00 +0530 Mon, 12 May 2025 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759513 CCI held that the respondent cinema operator engaged in profiteering by failing to pass on GST rate reductions on movie tickets (from 28% to 18% for tickets above Rs. 100 and 18% to 12% for tickets below Rs. 100) effective January 1, 2019. The respondent profiteered Rs. 4,65,549 by maintaining selling prices despite tax reductions. CCI ordered the respondent to reduce ticket prices, deposit the profiteered amount with 18% interest in equal parts to Central and Telangana State Consumer Welfare Funds within three months, and directed CGST/SGST Commissioners to monitor compliance. No penalty was imposed as the relevant provision was not operative during the violation period. Case-Laws GST Fri, 27 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759513