https://www.taxtmi.com/caselaws?id=390693 The Respondent failed to pass on the additional Input Tax Credit (ITC) benefit to buyers, violating Section 171 of the CGST Act, 2017. The profiteered amount was determined as Rs. 3,32,61,809/- for the period from 01.07.2017 to 31.12.2018. The Respondent was ordered to reduce prices, refund the profiteered amount with interest, and faced a penalty under Section 171(3A) of the CGST Act, 2017. Jurisdictional Commissioners were tasked with monitoring compliance and ensuring the amount was passed on to eligible buyers. en-us Wed, 01 Jan 2020 00:00:00 +0530 Sat, 15 Mar 2025 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390693 The Respondent failed to pass on the additional Input Tax Credit (ITC) benefit to buyers, violating Section 171 of the CGST Act, 2017. The profiteered amount was determined as Rs. 3,32,61,809/- for the period from 01.07.2017 to 31.12.2018. The Respondent was ordered to reduce prices, refund the profiteered amount with interest, and faced a penalty under Section 171(3A) of the CGST Act, 2017. Jurisdictional Commissioners were tasked with monitoring compliance and ensuring the amount was passed on to eligible buyers. Case-Laws GST Wed, 01 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390693