https://www.taxtmi.com/caselaws?id=382093 The Respondent was found to have violated Section 171 of the CGST Act, 2017 by not passing on the benefit of additional Input Tax Credit to buyers post-GST implementation. The profiteered amount was determined to be Rs. 81,67,546/-, and the Respondent was ordered to refund this amount along with interest @18% to buyers. Additionally, the Respondent was directed to pay interest to buyers who had not made full payments. The Respondent was also liable for a penalty under Section 122 (1) (i) of the CGST Act, 2017. Compliance was mandated within three months, with a requirement for a detailed implementation report to be submitted. en-us Fri, 21 Jun 2019 00:00:00 +0530 Sat, 08 Mar 2025 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382093 The Respondent was found to have violated Section 171 of the CGST Act, 2017 by not passing on the benefit of additional Input Tax Credit to buyers post-GST implementation. The profiteered amount was determined to be Rs. 81,67,546/-, and the Respondent was ordered to refund this amount along with interest @18% to buyers. Additionally, the Respondent was directed to pay interest to buyers who had not made full payments. The Respondent was also liable for a penalty under Section 122 (1) (i) of the CGST Act, 2017. Compliance was mandated within three months, with a requirement for a detailed implementation report to be submitted. Case-Laws GST Fri, 21 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382093