https://www.taxtmi.com/caselaws?id=389390 The authority found that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to customers. The total profiteered amount was calculated to be Rs. 4,35,53,927/-, with a balance of Rs. 1,82,90,848/- yet to be refunded. The Respondent was ordered to pass on the balance amount to eligible recipients within three months, along with interest. Additionally, the Respondent was directed to reduce flat prices accordingly and faced a potential penalty under Section 171 (3A) of the CGST Act, 2017. Monitoring of compliance was assigned to the Commissioners of CGST/SGST Haryana. en-us Tue, 03 Dec 2019 00:00:00 +0530 Thu, 05 Dec 2019 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389390 The authority found that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to customers. The total profiteered amount was calculated to be Rs. 4,35,53,927/-, with a balance of Rs. 1,82,90,848/- yet to be refunded. The Respondent was ordered to pass on the balance amount to eligible recipients within three months, along with interest. Additionally, the Respondent was directed to reduce flat prices accordingly and faced a potential penalty under Section 171 (3A) of the CGST Act, 2017. Monitoring of compliance was assigned to the Commissioners of CGST/SGST Haryana. Case-Laws GST Tue, 03 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389390