https://www.taxtmi.com/caselaws?id=376348 The Respondent was found to have not passed on the full benefit of additional Input Tax Credit (ITC) to buyers, violating Section 171 of the CGST Act, 2017. The profiteered amount was calculated at Rs. 1,48,60,874, with the Respondent required to pass on an additional Rs. 37,27,293 to buyers. The Authority ordered the Respondent to reduce prices for buyers, pass on the balance amount of Rs. 57,76,610 with interest, and issued a Show Cause Notice for a penalty under Section 122(1)(i) of the CGST Act, 2017. Monitoring of compliance was directed to the Commissioners of CGST/SGST Haryana. en-us Wed, 27 Feb 2019 00:00:00 +0530 Thu, 06 Mar 2025 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376348 The Respondent was found to have not passed on the full benefit of additional Input Tax Credit (ITC) to buyers, violating Section 171 of the CGST Act, 2017. The profiteered amount was calculated at Rs. 1,48,60,874, with the Respondent required to pass on an additional Rs. 37,27,293 to buyers. The Authority ordered the Respondent to reduce prices for buyers, pass on the balance amount of Rs. 57,76,610 with interest, and issued a Show Cause Notice for a penalty under Section 122(1)(i) of the CGST Act, 2017. Monitoring of compliance was directed to the Commissioners of CGST/SGST Haryana. Case-Laws GST Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376348