https://www.taxtmi.com/caselaws?id=386713 The Authority found that the Respondents violated Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to buyers. The profiteered amount was determined to be Rs. 1,90,04,456/-, which the Respondents were ordered to refund with interest. They were also directed to reduce future prices to pass on the benefit. The DGAP was tasked with monitoring compliance and investigating other projects. A Show Cause Notice for penalty imposition was ordered against the Respondents for their non-compliance. en-us Thu, 03 Oct 2019 00:00:00 +0530 Wed, 12 Mar 2025 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386713 The Authority found that the Respondents violated Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to buyers. The profiteered amount was determined to be Rs. 1,90,04,456/-, which the Respondents were ordered to refund with interest. They were also directed to reduce future prices to pass on the benefit. The DGAP was tasked with monitoring compliance and investigating other projects. A Show Cause Notice for penalty imposition was ordered against the Respondents for their non-compliance. Case-Laws GST Thu, 03 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386713