NAA: Discards DGAP’s methodology of comparing average prices for profiteering computation, directs reinvestigation

NAA denies DGAP’s mathematical methodology adopted for computing profiteered amount against the Respondent engaged in supplying ‘Paints’ and accordingly directs reinvestigation as per Rule 133(4) of CGST Rules, 2017; Discerns that DGAP calculated profiteered amount by comparing average pre rate reduction base prices of said products with the monthly average post rate reduction base prices; Accordingly, holds that “the mathematical methodology adopted… …is not in l...