<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2020 (6) TMI 622 - NATIONAL ANTI-PROFITEERING AUTHORITY</title>
    <link>https://www.taxtmi.com/caselaws?id=396247</link>
    <description>The Respondent was found to have profiteered by Rs. 1,42,369/- during the investigation period. The Authority determined that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the benefit of additional Input Tax Credit (ITC) to customers. The Respondent was ordered to pass on the benefit to buyers, including specific amounts to individual applicants, within three months from the order date. Additionally, the Respondent was directed to reduce prices accordingly, and a Show Cause Notice for penalty imposition was issued. Compliance monitoring was assigned to the Commissioners of CGST/SGST Karnataka.</description>
    <language>en-us</language>
    <pubDate>Thu, 18 Jun 2020 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 18 Mar 2025 12:52:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=616073" rel="self" type="application/rss+xml"/>
    <item>
      <title>2020 (6) TMI 622 - NATIONAL ANTI-PROFITEERING AUTHORITY</title>
      <link>https://www.taxtmi.com/caselaws?id=396247</link>
      <description>The Respondent was found to have profiteered by Rs. 1,42,369/- during the investigation period. The Authority determined that the Respondent violated Section 171 of the CGST Act, 2017 by not passing on the benefit of additional Input Tax Credit (ITC) to customers. The Respondent was ordered to pass on the benefit to buyers, including specific amounts to individual applicants, within three months from the order date. Additionally, the Respondent was directed to reduce prices accordingly, and a Show Cause Notice for penalty imposition was issued. Compliance monitoring was assigned to the Commissioners of CGST/SGST Karnataka.</description>
      <category>Case-Laws</category>
      <law>GST</law>
      <pubDate>Thu, 18 Jun 2020 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=396247</guid>
    </item>
  </channel>
</rss>