GST Highlights 31st Jan. 2019 Patanjali dealer fined for not passing on GST rate cut to consumers The dealer further argued that he had only charged 5 per cent commission which he had been doing since before GST came to force, adding that he did not profiteer. A dealer of Patanjali Ayurveda has been held by the National Anti-profiteering Authority (NAA) for not passing on the benefits of duty reduction to his customers. The GST profiteering watchdog has asked the dealer to deposit the undue profit made with the Consumer Welfare Fund. The dealer has been asked to deposit Rs 6.06 lakh along with an interest of 18 per cent liable from the date this amount was realised by him from his customers till the date he deposits it in the Consumer Welfare Fund. [caption id="attachment_43" align="aligncenter" width="411"] Highlights of CGST Amendment Act, 2018 Changes will be effective from 1st Feb 2019 Proposal to encourage taxmen to file GST profiteering ...
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