No GST reduction on Little Stars Dhoti so profiteering allegation not sustainable

State Level Screening Committee on Anti-Profiteering Vs M/s Ramraj Handlooms (NAA)

In this case there was no reduction in the rate of tax on ‘Little Stars Dhoti’ w.e.f. 01-07-2017 and that the rate of tax in the Post-GST era has also been increased from CST @ 2% to IGST @ 5%. therefore, the allegation of profiteering is not sustainable in terms of Section 171 of the CGST Act, 2017Please become a Premium member. If you are already a Premium member, login here to access the full content.