Anti Profiteering example in GST

By | May 8, 2018
Print Friendly, PDF & Email
(Last Updated On: May 9, 2018)

Anti Profiteering example in GST

Anti Profiteering example in GST of Car  dealer

Anti Profiteering example in GST

Comparative rates of pre-GST and post-GST tax on the model of car purchased by the applicant which are given in Table ‘A’ below:-


Duty/Tax/CessPre-GST Rate (%)Post-GST Rate (%)
Excise Duty (S. No. 285 of Notification No.12/2012-CE dt. 17.03.2012, as amended)12.5
National Calamity Contingent Duty (NCCD)1
Auto Cess0.125
Infra Cess1
Total (A)14.625
CST (B=0.05% on A)0.007
Total (C=A+B)14.632
VAT(D)=(14.5% on C)16.622
Total tax rate (C+D)31.25429

The pre-GST and post-GST ex-showroom prices of the car purchased by the applicant were also worked out as per Table ‘B’ below:-


ParticularsFactorPre-GST (in Rs.)Post-GST (in Rs.)
Basic price of Car Model:WR-V.1.2VX MT (i- VTEC)A6,59,1756,58,718
Excise Duty @12.5%B=A*12.5%82,397
Auto Cess @ 0.125%D=A*0.125%824
Infra Cess @1%E=A*1%6,592
Ex -factory PriceF= Add A to E7,55,5796,58,718
CST@0.05%G= F*.05%378
Transit InsuranceI121108
Dealer Landed PriceJ= Add F to I7,60,5306,63,086
Dealer MarginK33,61933,619
Dealer PriceL= J+K7,94,1496,96,705
VAT@ 14.5%M= L*14.5%1,15,152
GST+Cess @ 29%N= L*29%2,02,044
Ex-showroom price of Alabaster Silver colour car0= L+M/N9,09,3008,98,750
Additional cost of Orchid White colour carP4,000
Ex-showroom price of Orchid white colour carQ=O+P9,13,300
Price charged from the applicant8,98,750
Benefit passed on to the applicant (excluding Rs. 4,000/- reduced for change in colour)10,550

GST Anti Profiteering Provisions : Free Study Material

Bookmark this Page we will update this page once new Examples are there on following to opics

Anti Profiteering example in GST

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

Leave a Reply

Your email address will not be published. Required fields are marked *