NAA : Holds HUL's distributor guilty u/s 171, 'profiteering' amount not confined to November 14 stock

NAA upholds a case of profiteering u/s 171 of CGST Act, 2017 against Johnson & Johnson’s (J&J’s) distributor of Baby Shampoo and Baby Powder noting that M.R.P. remained same despite reduction in duty rate from 28% to 18% w.e.f. November 15, 2017 vide Notification No. 41/2017-Central Tax (Rate); States that, Respondent was not required to increase base price w.e.f. said date whereas after charging GST at 18%, was legally bound to charge reduced prices so as to pass...