https://www.taxtmi.com/caselaws?id=372830 The Respondent failed to pass on the benefit of reduced GST rates to consumers as mandated by Section 171 of the CGST Act, 2017. The investigation revealed profiteering of Rs. 495.73 Crores, with only partial deposits made to the Consumer Welfare Fund. Deductions were allowed for grammage benefit and sales to CPF and CRPF, resulting in a net profiteering amount of Rs. 383.35 Crores. The Respondent was directed to deposit this amount with interest in the Consumer Welfare Funds. Further investigation was ordered to ensure compliance with passing on tax reduction benefits to all products sold. en-us Mon, 24 Dec 2018 00:00:00 +0530 Tue, 25 Feb 2025 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372830 The Respondent failed to pass on the benefit of reduced GST rates to consumers as mandated by Section 171 of the CGST Act, 2017. The investigation revealed profiteering of Rs. 495.73 Crores, with only partial deposits made to the Consumer Welfare Fund. Deductions were allowed for grammage benefit and sales to CPF and CRPF, resulting in a net profiteering amount of Rs. 383.35 Crores. The Respondent was directed to deposit this amount with interest in the Consumer Welfare Funds. Further investigation was ordered to ensure compliance with passing on tax reduction benefits to all products sold. Case-Laws GST Mon, 24 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372830