https://www.taxtmi.com/caselaws?id=792717 A reduction in GST rate on cinema admission tickets had to be passed on to consumers through commensurate price reduction under section 171(1) of the CGST Act; increasing the base ticket price while keeping the cum-tax price unchanged amounted to profiteering. Conditional state court permission to propose fares did not override the statutory anti-profiteering duty. The profiteering computation was accepted on the record, proceedings were properly decided ex parte, interest at 18% per annum applied prospectively from 28.06.2019, and penalty was not leviable because the penal provision came into force later. en-us Wed, 27 May 2026 00:00:00 +0530 Mon, 01 Jun 2026 13:21:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792717 A reduction in GST rate on cinema admission tickets had to be passed on to consumers through commensurate price reduction under section 171(1) of the CGST Act; increasing the base ticket price while keeping the cum-tax price unchanged amounted to profiteering. Conditional state court permission to propose fares did not override the statutory anti-profiteering duty. The profiteering computation was accepted on the record, proceedings were properly decided ex parte, interest at 18% per annum applied prospectively from 28.06.2019, and penalty was not leviable because the penal provision came into force later. Case-Laws GST Wed, 27 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792717