NAA: Affirms profiteering on DSLR Cameras, Power Banks; Dismisses Retailer’s “complex computations” plea

NAA upholds profiteering to the tune of over Rs. 1.9 crores by a retailer, in respect of sale of “DSLR Cameras” and “Power Banks” on account of charging more base price post rate-reduction than the average base prices charged pre rate-reduction; Rejects Respondent’s (I.e. the retailer’s) claim that he was required to carry out highly complex and exhaustive mathematical computations for passing on the benefit of tax reduction which he couldn’t do in absence of gu...