Granting of discounts not amounts to passing of benefit of tax reduction

Director General of Anti-Profiteering Vs Krishna Trading Company (National Anti-Profiteering Authority)

The Respondent has admitted in his submissions that he was aware of the above tax reductions and hence he should have immediately reduced his sale prices commensurate with the rate reductions. He also cannot claim that he has not reduced the prices of the above 116 products as their prices were not reduced by M/s Nestle India Ltd. The Respondent has also not produced any evidence to prove that M/s Nestle India Ltd. had inc

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