https://www.taxtmi.com/caselaws?id=397919 The National Anti-Profiteering Authority found the Respondent in violation of Section 171(1) of the CGST Act for not passing on the benefits of a GST rate reduction on "Sanitary Napkins," resulting in denial of ITC benefits to buyers. The Respondent was held liable for compelling buyers to pay more and violating Section 122(1)(i) of the Act, warranting penalty imposition. However, the penalty under Section 122(1)(i) was deemed inapplicable as it did not specifically cover anti-profiteering violations. The retrospective application of penalty provisions under Section 171(3A) of the Finance Act, 2019 was also ruled out, leading to the withdrawal of the penalty notice and dropping of penalty proceedings against the Respondent. 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=397919 The National Anti-Profiteering Authority found the Respondent in violation of Section 171(1) of the CGST Act for not passing on the benefits of a GST rate reduction on "Sanitary Napkins," resulting in denial of ITC benefits to buyers. The Respondent was held liable for compelling buyers to pay more and violating Section 122(1)(i) of the Act, warranting penalty imposition. However, the penalty under Section 122(1)(i) was deemed inapplicable as it did not specifically cover anti-profiteering violations. The retrospective application of penalty provisions under Section 171(3A) of the Finance Act, 2019 was also ruled out, leading to the withdrawal of the penalty notice and dropping of penalty proceedings against the Respondent. Case-Laws GST Mon, 24 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397919