Biotique profiteering
All members in these circles must raise this issue when they see such practices.
The price of product should be MRP 120 or so. more
But what matters is sale price. If MRP is printed when GST on that product was at x% and later reduced to x-5%, sale price must be down to that extent!
When filing GST, every Seller files details of raw materials purchased by them and if there has been an increase in raw material prices, GST is fully aware of these. Whenever a complaint is received by NAA, they do take into account all these factors before awarding final judgement. more