NAA: Accepts DGAP methodology, upholds profiteering on ‘Frozen Green Peas/ Sweet Corn’

NAA upholds profiteering on supply of ‘Frozen Green Peas’ and ‘Frozen Sweet Corn’ for not reducing the selling price despite reduction in GST rate from 5% to NIL w.e.f. January 01, 2019 vide Notification No. 25/2018-Central Tax dated December 31, 2018; Accepts DGAP’s methodology where average base price of the product was compared with actual selling price sold during post GST rate reduction period (January 01, 2019) as the benefit was required to be passed on each ...