https://www.taxtmi.com/caselaws?id=397918 Anti-profiteering non-compliance for failure to pass on the benefit of a GST rate reduction was treated as outside Section 122(1)(i), because that provision did not expressly cover breach of Section 171(1). The later penalty inserted by Section 171(3A) through the Finance Act, 2019, effective from 01.01.2020, could not be applied to an earlier alleged profiteering period. As a result, the proposed penalty notice was withdrawn and penalty proceedings were dropped, leaving no surviving penal liability. en-us Mon, 24 Aug 2020 00:00:00 +0530 Wed, 19 Mar 2025 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397918 Anti-profiteering non-compliance for failure to pass on the benefit of a GST rate reduction was treated as outside Section 122(1)(i), because that provision did not expressly cover breach of Section 171(1). The later penalty inserted by Section 171(3A) through the Finance Act, 2019, effective from 01.01.2020, could not be applied to an earlier alleged profiteering period. As a result, the proposed penalty notice was withdrawn and penalty proceedings were dropped, leaving no surviving penal liability. Case-Laws GST Mon, 24 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397918