NAA: Upholds profiteering on “Fly Ash Blocks” supply, rejects 'inverted duty structure' plea

NAA upholds profittering on supply of "Fly Ash Blocks" for non-passing of benefit of reduction in rate of duty from 12% to 5% w.e.f. January 1, 2019; Observing that DGAP has computed base prices in respect of all the 68 dimension wise units of the product being sold by the Respondent and compared their commensurate prices with actual sale prices post rate reduction, holds same to be reasonable, appropriate and accurate; Rejecting Respondent’s plea that its product...