NAA : Finds no profiteering on supply where tax rate increased post-GST
NAA dismisses application alleging violation of provisions of Section 171 of CGST Act, 2017 on supply of ‘Handloom Design –King Supreme Lungi ’; Notes that, rate of tax in fact, increased from Nil (pre-GST) to 5% (post-GST), therefore allegation of profiteering is not sustainable : NAA...