https://www.taxtmi.com/caselaws?id=387599 The Authority found that the Respondent had profiteered an amount of Rs. 2,47,48,549/- by not passing on the benefit of additional input tax credit (ITC) to buyers, contravening Section 171 of the CGST Act, 2017. The Respondent was ordered to refund this amount to eligible buyers with interest, reduce/refund prices to buyers, and undergo further investigations into other projects for possible profiteering violations. A Show Cause Notice for penalty imposition was also directed, with monitoring of compliance by the Commissioners of CGST/SGST Haryana under DGAP supervision. en-us Mon, 21 Oct 2019 00:00:00 +0530 Fri, 25 Oct 2019 16:24:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387599 The Authority found that the Respondent had profiteered an amount of Rs. 2,47,48,549/- by not passing on the benefit of additional input tax credit (ITC) to buyers, contravening Section 171 of the CGST Act, 2017. The Respondent was ordered to refund this amount to eligible buyers with interest, reduce/refund prices to buyers, and undergo further investigations into other projects for possible profiteering violations. A Show Cause Notice for penalty imposition was also directed, with monitoring of compliance by the Commissioners of CGST/SGST Haryana under DGAP supervision. Case-Laws GST Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387599