NAA: Nestle's methodology for passing on GST reduction, arbitrary; Upholds Rs.90 Cr profiteering allegation

National Anti-Profiteering Authority upholds a case of profiteering u/s 171 of CGST Act, 2017 against Respondent-manufacturer, a subsidiary of Nestle Group observing that benefit of reduction in rate of duty has not been passed on to applicants in respect of various products under the brand name MAGGI, Nescafe, KitKat, despite the reduction in tax rate; Noting that Respondent resorted to profiteering by increasing the pre-GST base-price w.e.f. November 15, 2017 and January 25...