https://www.taxtmi.com/caselaws?id=389703 The Authority found that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to flat buyers, resulting in a profiteered amount of Rs. 97,40,448/-. The Respondent was directed to refund this amount with interest to eligible buyers within three months, adjust flat prices accordingly, and faced potential penalties under Section 171(3A) of the CGST Act, 2017. Compliance monitoring was assigned to the Commissioners of CGST/SGST, Tamil Nadu. en-us Tue, 10 Dec 2019 00:00:00 +0530 Thu, 13 Mar 2025 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389703 The Authority found that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to flat buyers, resulting in a profiteered amount of Rs. 97,40,448/-. The Respondent was directed to refund this amount with interest to eligible buyers within three months, adjust flat prices accordingly, and faced potential penalties under Section 171(3A) of the CGST Act, 2017. Compliance monitoring was assigned to the Commissioners of CGST/SGST, Tamil Nadu. Case-Laws GST Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389703