NAA : Upholds profiteering by Maggi Noodles' dealer; Arbitrary price adjustment granting selective benefit 'impermissible’

National Anti-Profiteering Authority (NAA) finds a case of profiteering u/s 171 of CGST Act, 2017 by a dealer observing that benefit of reduction in rate of duty has not been passed on to applicants in respect of “Maggi Noodles pack of 35 gms." despite reduction in tax rate from 18% to 12% w.e.f. November 15, 2017 vide Notification No. 41/2017 - Central Tax (Rate); Notes that, base price of product was Rs. 3.96/- per pack before November 15, 2017 which was increased to Rs. ...