GST anti-profiteering authority has found Kerala-based distributor Win Win Appliances guilty of profiteering Rs 32,926 by not passing on GST rate cut benefit to customers.
A complaint was filed with the Kerala State Screening Committee on Anti-Profiteering against Win Win Appliances for not reducing the price of mixer-grinder commensurate with the reduction of the goods and services tax (GST) from 28 per cent to 12 per cent with effect from November 15, 2017.
The respondent, in its defence, said he was a distributor of the product which was sold under the brand name ‘Butterfly’. It said the product was being sold at the price fixed by the manufacturer — M/s Butterfly, Gandhimathi Appliances Ltd.
During the investigation, the Directorate General of Anti Profiteering found that Win Win Appliances had increased the base price of the product when the GST rate was reduced to 12 per cent and hence indulged in profiteering by not passing on the benefit of the tax rate cut to customers.