https://www.taxtmi.com/caselaws?id=393467 The Respondent in this case was found to have failed to pass on the benefit of a reduction in the GST rate to customers, resulting in a profiteered amount of Rs. 8,24,260/-. The Respondent increased base prices instead of reducing them in line with the tax rate decrease, violating Section 171(1) of the CGST Act, 2017. The Respondent was directed to deposit the profiteered amount in Consumer Welfare Funds with interest and faced potential penalties. Additionally, an investigation was ordered into another entity for potential profiteering practices related to royalty and advertisement charges. en-us Wed, 11 Mar 2020 00:00:00 +0530 Mon, 17 Mar 2025 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393467 The Respondent in this case was found to have failed to pass on the benefit of a reduction in the GST rate to customers, resulting in a profiteered amount of Rs. 8,24,260/-. The Respondent increased base prices instead of reducing them in line with the tax rate decrease, violating Section 171(1) of the CGST Act, 2017. The Respondent was directed to deposit the profiteered amount in Consumer Welfare Funds with interest and faced potential penalties. Additionally, an investigation was ordered into another entity for potential profiteering practices related to royalty and advertisement charges. Case-Laws GST Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393467