Company Penalized for Raising Prices Despite GST Cut, Violating CGST Act 2017, Section 122(1)(i.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Profiteering - supply of “luggage trolley bag/suitcases” - Respondent had increased the base prices of his products despite reduction in the rate of GST from 28% to 18% - It is established that the Respondent has deliberately and consciously acted in contravention of the provisions of the CGST Act, 2017 by issuing incorrect invoices which is an offence u/s 122(1)(i)- liable for penalty....