GSTAT Rules Against Subway Franchisee in Anti-Profiteering Case

DGAP Vs Urban Essence (Subway Franchisee) (GSTAT) GSTAT Upholds Anti-Profiteering Ruling Against Subway Franchisee for Failure to Pass on GST Rate Reduction In a significant ruling, the Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) has confirmed that M/s Urban Essence, a franchisee of Subway, engaged in profiteering by not reducing its product prices commensurately with a reduction in the GST rate. The tribunal found that the company had a profiteering amount of ₹5,47,005 that must be deposited. The case, DGAP vs. Urban Essence, centered on two primary questions: w...