https://www.taxtmi.com/caselaws?id=790067 Reduction in GST rate on cinema tickets required the supplier to pass on the benefit through a commensurate price reduction, and maintaining the same cum-tax prices while increasing the base price was treated as profiteering under Section 171. The discussion also notes that the reported computation of the profiteered amount was accepted on anti-profiteering methodology. Interest under Rule 133(3)(c) was described as operative only from 28.06.2019, so it applied only for the period after that date, and penalty under Section 171(3A) was stated to be inapplicable retrospectively because the provision came into force later. en-us Thu, 16 Apr 2026 00:00:00 +0530 Sat, 18 Apr 2026 08:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790067 Reduction in GST rate on cinema tickets required the supplier to pass on the benefit through a commensurate price reduction, and maintaining the same cum-tax prices while increasing the base price was treated as profiteering under Section 171. The discussion also notes that the reported computation of the profiteered amount was accepted on anti-profiteering methodology. Interest under Rule 133(3)(c) was described as operative only from 28.06.2019, so it applied only for the period after that date, and penalty under Section 171(3A) was stated to be inapplicable retrospectively because the provision came into force later. Case-Laws GST Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790067