Entity Profiteering Violation: Maybelline Fails to Pass CGST Section 171 Tax Cut Benefits to Consumers on FIT Me Foundation.
Case-Laws
GST
Profiteering – contravention of the provisions of Section 171 of the CGST Act, 2017 – Benefit of reduction in the rate of tax by lowering the price of “Maybelline FIT Me foundation” not passed on to recipients – by no stretch of imagination he can pocket this reduction to the detriment of the ordinary consumer.
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