MYK Laticrete India Guilty of Profiteering: NAA

Raveendra Reddy Vs MYK Laticrete India Pvt Ltd. (NAA) 1.  The present report dated 264)2.2021 has been received from the Applicant No. 2 i.e the Director General of Anti-Profiteering (DGAP) after a detailed Investigation under Rule 129(6) of the CGST Rules. 2017 The brief facts of the present case are that the Applicant No. 1 had filed an application under Rule 128 of the CGST Rules. 2017 and alleged that the Respondent. i.e. M/s MYK Laticrete India Pvt, Ltd., had resorted to profiteering in respect of supply of the products manufactured and sold by the Respondent, where the applicable GST r...