L'Oréal India Private Ltd Vs Union Of India
Date: October 6, 2022
Subject Matter
Anti-Profiteering: Supplier cannot insist that instead of reducing prices, he will give extra grammage of the product.
Summary
Under Section 171 any benefit of reduction in rate of taxes or benefit of input tax credit on any supply of goods or services can only be by way of commensurate reduction in prices. When a statute clearly provides for a manner in which something is t…
Exemption allowed, subject to all just exceptions. Accordingly, the present application stands disposed of. CM APPL.38027/2022 1. Accompanying writ petition has been filed challenging the order dated 23 rd June, 2022 passed by the Respondent No.2 in order No. 26/2022 and the notice dated 1 st June, 2022. Petitioner also seeks to challenge Section 171 of the CGST Act, Chapter XV of the CGST Rules,…