Violation of CGST Act: Company Profiteered by Not Passing Tax Cut to Consumers of Washing Machines.

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....Profiteering - supply of the product, namely, “Washing Machine (Elena Aqua VX)” - it is established that the Respondent has acted in contravention of the provisions of Section 171 of the CGST Act, 2017 and has not passed on the benefit of reduction in the rate of tax to his recipients by commensurate reduction in the prices....