https://www.taxtmi.com/caselaws?id=389062 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 (ITC) to buyers. The profiteered amount of Rs. 5,83,593/- was ordered to be refunded to Applicant No. 1 and other buyers with 18% interest. The Respondent was given three months to comply, with a penalty under Section 171(3A) of the CGST Act, 2017 looming if not adhered to. This case highlights the necessity of complying with anti-profiteering laws to ensure consumer protection and fair distribution of tax benefits. en-us Tue, 26 Nov 2019 00:00:00 +0530 Wed, 12 Mar 2025 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389062 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 (ITC) to buyers. The profiteered amount of Rs. 5,83,593/- was ordered to be refunded to Applicant No. 1 and other buyers with 18% interest. The Respondent was given three months to comply, with a penalty under Section 171(3A) of the CGST Act, 2017 looming if not adhered to. This case highlights the necessity of complying with anti-profiteering laws to ensure consumer protection and fair distribution of tax benefits. Case-Laws GST Tue, 26 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389062