Distributor of products liable to pass benefit of ITC reduction: NAA

Meenakshi Agrawal Vs Rajkotia Medicare Pvt. Ltd (NAA) NAA held that distributor of products manufactured by others also liable to pass on the benefit of tax rate reduction to the recipients The brief facts of the case were that an application was filed by the Applicant No. 1 alleging profiteering by Rajkotia Medicare Pvt. Ltd in respect of supply of three products namely ‘Juvederm Voluma with Licodaine, Juvederm Ultra Plus XC and Juvederm Ultra’. The Applicant No.1 alleged that the Respondent increased the base prices of the subject goods in spite of GST rate reduction from 28% t...