https://www.taxtmi.com/caselaws?id=397503 The National Anti-Profiteering Authority found the Respondent guilty of not passing on the benefit of reduced GST rates to customers, violating Section 171(1) of the CGST Act, 2017. The Authority determined the profiteered amount and held the Respondent in violation of Section 171(1) and Section 122(1) for collecting extra amounts from consumers. However, as the penalty provisions for the violation were introduced after the incident, the Authority concluded that the penalty could not be imposed retrospectively. Consequently, the penalty proceedings against the Respondent were dropped, and the notice for penalty imposition was withdrawn. en-us Tue, 18 Aug 2020 00:00:00 +0530 Thu, 20 Aug 2020 11:35:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397503 The National Anti-Profiteering Authority found the Respondent guilty of not passing on the benefit of reduced GST rates to customers, violating Section 171(1) of the CGST Act, 2017. The Authority determined the profiteered amount and held the Respondent in violation of Section 171(1) and Section 122(1) for collecting extra amounts from consumers. However, as the penalty provisions for the violation were introduced after the incident, the Authority concluded that the penalty could not be imposed retrospectively. Consequently, the penalty proceedings against the Respondent were dropped, and the notice for penalty imposition was withdrawn. Case-Laws GST Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397503