https://www.taxtmi.com/caselaws?id=397920 The case involved a violation of Section 171(1) of the CGST Act, 2017 by the Respondent, leading to profiteering and denial of input tax credit benefits to buyers. The National Anti-Profiteering Authority found the Respondent guilty of the offense under Section 171(3A) as well. However, the penalty proceedings were withdrawn as the penalty provisions could not be applied retrospectively to the period of violation (July 2017 to September 2018). This resulted in the dropping of the notice for penalty imposition 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=397920 The case involved a violation of Section 171(1) of the CGST Act, 2017 by the Respondent, leading to profiteering and denial of input tax credit benefits to buyers. The National Anti-Profiteering Authority found the Respondent guilty of the offense under Section 171(3A) as well. However, the penalty proceedings were withdrawn as the penalty provisions could not be applied retrospectively to the period of violation (July 2017 to September 2018). This resulted in the dropping of the notice for penalty imposition against the Respondent. Case-Laws GST Mon, 24 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397920