Tuesday, May 19, 2020

Raymond not Passed the Benefit of Tax Reduction to Customers: NAA [Read Order]

The National Anti-Profiteering Authority (NAA) has observed that M/s Raymond has not passed on the benefit of tax reduction and has violated the provisions of Section 171(1) of the Central Goods and Service Tax (CGST), Act, 2017. M/s Raymond Ltd. had not passed on the benefit of tax reduction from 28% to 18% on ‘After‑Shave […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2XdYqy4

No comments:

Post a Comment