Infinity Retail guilty of Profiteering: NAA

M. Srinivas Vs Infinity Retail Ltd. (NAA) The present Report dated 23.12.2019, has been furnished by the Applicant No. 2 i.e. the Director-General of Anti-Profiteering (DGAP), under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017. The brief facts of the present case are that an application dated 29.03.2019 was filed before the Standing Committee on Anti-profiteering, under Rule 128 (1) of the CGST Rules. 2017, by the Applicant No. 1, alleging profiteering by the Respondent in respect of “DSLR Cameras” and ‘Power Banks’ supplied by him. In the app...