Retailer Must Reassess Prices After GST Cut; Court Orders New Investigation into Consumer Benefit Compliance.

Case-Laws – GST – Highlights – Respondent failed to reduce, re-fix and display MRPS commensurately after GST rate reduction on impacted SKUs w.e.f. 15.11.2017 and convey the same to dealers, thereby not passing on tax reduction benefit to consumers in vi

Retailer Must Reassess Prices After GST Cut; Court Orders New Investigation into Consumer Benefit Compliance.
Case-Laws
GST
Respondent failed to reduce, re-fix and display MRPS commensurately after GST rate reduction on impacted SKUs w.e.f. 15.11.2017 and convey the same to dealers, thereby not passing on tax reduction benefit to consumers in violation of Section 171 of GST Act as per Delhi HC judgment [2024 (1) TMI 1248]. DGAP report stating no violation cannot be accepted. DGAP direct

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