NAA directs DGAP to recompute the amount of profiteering by Devi Cinema

Principal Commissioner Vs Devi 70 MM (NAA) The National Anti-Profiteering Authority (NAA) directed the Directorate General of Anti-Profiteering to reinvestigate and recompute the quantum of profiteering against Devi Cinema. It is a fact that the price of two categories i.e. the First and the Second class movie tickets has been reduced commensurately by the Respondent w.e.f. 11.03.2019. Since he has complied with the provisions of Section 171 of the CGST Act, 2017, the period from 11.03.2019 has no relevance from the perspective of Section 171 of the CGST Act, 2017, and hence, no profiteering c...