NAA : Finds no profiteering on supply where tax rate increased post-GST

National Anti Profiteering Authority (NAA) dismisses the allegations of profiteering against the taxpayer on supply of 'Little Stars Dhoti'; Takes note of DGAP report which states that in pre GST era, CST @ 2% was applied (no Central Excise Duty applicable) while post GST implementation tax rate of IGST was fixed at 5%, further observes that there was no change in the base price for the said product in both the periods; Thus holds that in the absence of reduction in tax rates...