NAA: Holds “Whirlpool India” guilty of profiteering on “Refrigerator” supply

NAA upholds profiteering allegation against "Whirlpool India" on the supply of “Refrigerator” for increasing basic price exactly equal to price reduction on July 1, 2017; Finds the the methodology adopted by the DGAP for computation of profiteered amount “to be correct, reasonable, justifiable and provisions of Section 171 in consonance with the of the CGST Act, 2017” as it was not possible to compare the actual basic price prevalent during the pre and post GST period...