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Anti-profiteering provisions shall not apply when effective tax rate is increased post-implementation of GST

March 14, 2019[2019] 103 taxmann.com 185 (NAA)
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GST : Where rate of tax on product, I.e., Little Stars Dhoti (5-6) was 2 per cent in pre-GST era (CST) which was increased to 5 per cent in post-GST era (GST) and respondent seller did not increase base price (excluding tax) of product, there was no reduction in rate of tax on product w.e.f. 1-7-2017 and that rate of tax in post-GST era had also been increased from CST at rate of 2 per cent to IGST at rate of 5 per cent and, therefore, allegation of profiteering was not sustainable in terms of section 171 of the GST Act, 2017

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