Shylesh Damodaran Vs Landmark Automobiles Pvt. Ltd
Date: December 17, 2018
Subject Matter
Benefit of ITC is passed on when base price charged by the supplier has been reduced
Summary
On the issue of reduction in the tax rates, it is clear from the DGAP’s investigation report that there was no reduction in the tax rate in this case hence, the allegation of profiteering by the Respondent on account of change in tax rate is no…
1. An application dated 12.08.2017 was filed before the Standing Committee on Anti-profiteering under Rule 128 of the Central Goods and Service Tax (CGST) Rules, 2017, by the Applicant No. 1 alleging that he had purchased one Honda City Car from the above Respondent vide Tax Invoice No. A-Tax/998/17-18 dated 14.10.2017 by paying an amount of Rs. 9,54,234/- on which GST @ 28% and Cess @ 17% was cha…