NAA: Upholds Applicant’s entitlement to receive ‘profiteering’ amount on sale of movie tickets from CWF - deposited

NAA directs passing on profiteering benefit to Applicant along with interest where entitlement of Applicant has been “established” in proceedings alleging increase in base-price of movie tickets by Respondent (Prasad Media Corp. Pvt. Ltd.) despite GST rate-reduction from 28% to 18% w.e.f January 01, 2019; Notes that the basis for initiation of current proceedings is a movie ticket dated January 04, 2019 submitted by Applicant while DGAP’s report...