NAA : Directs re-investigation against supplier of “Kiwi Shoe Polish”, DGAP to revisit profiteering-computation methodology
NAA rejects DGAP's report alleging profiteering on supply of “Kiwi Shoe Polish” for non-passing of GST rate-reduction benefit from 28% to 18% w.e.f. November 15, 2017; Pursuant to submission of Respondent 1 (retailer) that his own purchase price (cost) had increased as his supplier (manufacturer) increased MRP, this authority observed the need for re-investigation of entire supply chain from manufacturer to distributor and distributor to retailer; Inter-alia notes submiss...