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RAHUL SHARMA ON BEHALF OF M/S LOCAL CIRCLES INDIA PVT. LTD AND OTHER vs. MATAJI PAINTS AND HARDWARE
(National Anti Profiteering Authority)

Hon'ble Judges:

AMAND SHAH
PRAMOD KUMAR SINGH
HITESH SHAH
Pet. Counsel
---
Res. Counsel
---

Petitioner / Applicant

RAHUL SHARMA ON BEHALF OF M/S LOCAL CIRCLES INDIA PVT. LTD AND OTHER
Respondent MATAJI PAINTS AND HARDWARE
Court

NAA (National Anti Profiteering Authority)

Date May 12, 2022
Order No.

09/2022

Citation

2022(5) TAXREPLY 5836
Original Order
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ORDER

1. The National Anti-Profiteering Authority (NAA) vide Order dated 26.06.2020 in this matter has given the following order: “25. It is clear from the above narration of the facts that the profiteered amount has been computed by comparing the average pre-rate reduction base prices of the impacted products with the monthly average post- rate reduction base prices in respect of both the tax reductions. The above mathematical methodology adopted by the DGAP to compute the profiteered amount is not in line with the methodology adopted by the DGAP himself in similar cases of profiteering wherein the average pre-rate reduction base price have been compared with the actual post rate reduction prices to compute the profiteered amount. Further, in case the mathematical methodology of comparing the average to average base prices employed by the DGAP is adopted, it would not be possible to compute the benefit of tax reduction which is due to each customer to each supply. The....

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PMT-06 Monthly tax payment for Apr 2025 under QRMP Scheme [Rule 61(1)(ii) - Proviso to Section 39(7)].

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