https://www.taxtmi.com/caselaws?id=373642 The respondent was found to have engaged in profiteering by failing to pass on the benefit of the GST rate reduction to consumers, thereby violating Section 171 of the CGST Act, 2017. As a result, the respondent was directed to reduce sale prices, deposit the profiteered amount into the Consumer Welfare Fund, and face penalty proceedings under Rule 133(3)(d) of the CGST Rules, 2017. Compliance measures were ordered within three months. en-us Wed, 16 Jan 2019 00:00:00 +0530 Wed, 05 Mar 2025 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373642 The respondent was found to have engaged in profiteering by failing to pass on the benefit of the GST rate reduction to consumers, thereby violating Section 171 of the CGST Act, 2017. As a result, the respondent was directed to reduce sale prices, deposit the profiteered amount into the Consumer Welfare Fund, and face penalty proceedings under Rule 133(3)(d) of the CGST Rules, 2017. Compliance measures were ordered within three months. Case-Laws GST Wed, 16 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373642