Delhi (PB) GSTAT Upholds DGAP Finding in CG Foods GST Profiteering Case on Instant Noodles - SAG Infotech Official Tax Blog

The legal proceedings began when authorities examined the business practices of M/s C.G. Foods. The investigation was triggered by a complaint alleging that the company failed to reduce prices following a GST rate cut intended to benefit consumers purchasing instant noodles.” The GST rate for these goods was lowered from 18% to 12%, from November 15, 2017, as per Notification No. 41/2017–Central T…