https://www.taxtmi.com/caselaws?id=398040 The National 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. The profiteered amount was determined to be Rs. 81,67,546/-. However, no penalty was imposed under Section 122(1)(i) as specific penalty provisions were not in effect during the relevant period. The Authority emphasized the importance of complying with anti-profiteering measures and the limitations on retrospective penalty imposition, ultimately withdrawing the penalty proceedings against the Respondent. en-us Thu, 27 Aug 2020 00:00:00 +0530 Wed, 19 Mar 2025 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398040 The National 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. The profiteered amount was determined to be Rs. 81,67,546/-. However, no penalty was imposed under Section 122(1)(i) as specific penalty provisions were not in effect during the relevant period. The Authority emphasized the importance of complying with anti-profiteering measures and the limitations on retrospective penalty imposition, ultimately withdrawing the penalty proceedings against the Respondent. Case-Laws GST Thu, 27 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398040