Benefit of tax reduction to the customers should be passed only by way of Rate Reduction: NAA

Sh. Rahul Sharma Vs Reckitt Benckiser India Pvt. Ltd. (National Anti-Profiteering Authority) The Respondent has further contended that there was no stipulation in Section 171 which required that the benefit of rate reduction should be passed on to the customers by ‘commensurate reduction’ only in cash and methods like increase in the quantity of goods supplied and promotional offer of giving an item free along with main product etc. were not to be followed. He has also claimed that the provisions of the above Section could not be constructed to come to the above conclusion. As has ...