Movie theaters hiked ticket prices to offset GST cut – profiteering charges upheld.

Case-Laws – GST – Highlights – Profiteering in GST rates for admission to cinema exhibitions. Despite a reduction in GST rates from 28% to 18%, the benefit was not passed on to consumers, and instead, the base price was increased to maintain a uniform “c

Movie theaters hiked ticket prices to offset GST cut – profiteering charges upheld.
Case-Laws
GST
Profiteering in GST rates for admission to cinema exhibitions. Despite a reduction in GST rates from 28% to 18%, the benefit was not passed on to consumers, and instead, the base price was increased to maintain a uniform “cum-tax” selling price. The High Court held that once the GST rate was reduced, it became mandatory for the petitioner to pass on the benefit of that reduction. There was

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