https://www.taxtmi.com/caselaws?id=390382 The Respondent in the case was found to have contravened Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to the buyers. The total profiteered amount was determined to be Rs. 3,58,90,871/-, and the Respondent was ordered to refund this amount to the buyers along with applicable interest. Additionally, the Respondent was directed to reduce prices for buyers commensurate with the benefit of ITC received. A Show Cause Notice was to be issued to the Respondent for imposing a penalty under Section 171(3A) of the CGST Act, 2017. en-us Thu, 26 Dec 2019 00:00:00 +0530 Thu, 13 Mar 2025 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390382 The Respondent in the case was found to have contravened Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to the buyers. The total profiteered amount was determined to be Rs. 3,58,90,871/-, and the Respondent was ordered to refund this amount to the buyers along with applicable interest. Additionally, the Respondent was directed to reduce prices for buyers commensurate with the benefit of ITC received. A Show Cause Notice was to be issued to the Respondent for imposing a penalty under Section 171(3A) of the CGST Act, 2017. Case-Laws GST Thu, 26 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390382