https://www.taxtmi.com/caselaws?id=397979 The Anti-Profiteering Authority found the respondent in violation of Section 171(1) of the CGST Act, 2017 for not passing on input tax credit benefits to buyers, leading to profiteering. The Authority also held the respondent accountable under Section 171(3A) for denying ITC benefits and charging higher prices. However, the penalty imposed under Section 171(3A) was withdrawn as the provisions were not in force during the violation period, emphasizing the penalty's prospective application. The case was closed following this decision. en-us Thu, 27 Aug 2020 00:00:00 +0530 Wed, 19 Mar 2025 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397979 The Anti-Profiteering Authority found the respondent in violation of Section 171(1) of the CGST Act, 2017 for not passing on input tax credit benefits to buyers, leading to profiteering. The Authority also held the respondent accountable under Section 171(3A) for denying ITC benefits and charging higher prices. However, the penalty imposed under Section 171(3A) was withdrawn as the provisions were not in force during the violation period, emphasizing the penalty's prospective application. The case was closed following this decision. Case-Laws GST Thu, 27 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397979