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Profiteering not attracted where there was no reduction in tax rate on ‘Computer monitor of 19.5 inch

July 8, 2019[2019] 107 taxmann.com 106 (NAA)
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CGST : Where applicant alleged profiteering by respondent in respect of 'HP V202b 19.5 inch Computer Monitor' supplied by him, on ground that GST rate was reduced from 28 per cent to 18 per cent with effect from 1-1-2019, vide Notification No. 24/2018-Central Tax (Rate) dated 31-12-2018 on said product but respondent did not pass on benefit of reduction in GST rate to recipients by way of commensurate reduction in price, since rate reduction from 28 per cent to 18 per cent was only effective in case of 'Computer Monitors of size ranging between 20 inches to 32 inches', and there was no reduction in tax rate of computer monitor of '19.5' inches, anti-profiteering provisions were not applicable

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