Failure to Reduce Cinema Ticket Prices After GST Rate Cut is Profiteering: GSTAT

DGAP Vs Kumar 70 MM (GSTAT) The Goods and Services Tax Appellate Tribunal heard an appeal arising from anti-profiteering proceedings relating to cinema ticket pricing following a reduction in GST rates. The matter was heard ex parte, as notices along with the Director General of Anti-Profiteering (DGAP) report were served on the respondent on several occasions, but no appearance or written submissions were made despite due service. The case originated from an application by the Principal Commissioner, Medchal Commissionerate, Hyderabad, to the Standing Committee, alleging profiteering in the s...