NAA : Finds no profiteering absent reduction in tax rate & increase in base price of readymade garments

NAA dismisses case of profiteering against Respondent absent reduction in rate of tax on readymade garments (i.e Shirts) from July 1, 2017; Notes DGAP’s observation that rate of tax actually increased from 2% in pre-GST era to 5% in post-GST era while base prices remained same; Elucidating that there was no increase in per unit base price (excluding tax) on products, concludes that allegation of profiteering  is unsustainable  u/s section 171 of CGST Act, 201...