https://www.taxtmi.com/caselaws?id=398656 The Respondent was found to have violated Section 171(1) of the CGST Act, 2017 by not passing on the GST rate reduction benefits to customers. The National Anti-Profiteering Authority deemed an amount of Rs. 6,55,307 as profiteering. Despite compliance in depositing the profiteered amount in the Consumer Welfare Funds, the Respondent faced penalty proceedings under Section 122(1)(i) for collecting extra amounts and compelling customers to pay additional GST. However, retrospective penalties were deemed inapplicable, leading to the withdrawal of the penalty notice and the conclusion that no penalty could be imposed for the anti-profiteering violation during the specified period. en-us Thu, 10 Sep 2020 00:00:00 +0530 Wed, 19 Mar 2025 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398656 The Respondent was found to have violated Section 171(1) of the CGST Act, 2017 by not passing on the GST rate reduction benefits to customers. The National Anti-Profiteering Authority deemed an amount of Rs. 6,55,307 as profiteering. Despite compliance in depositing the profiteered amount in the Consumer Welfare Funds, the Respondent faced penalty proceedings under Section 122(1)(i) for collecting extra amounts and compelling customers to pay additional GST. However, retrospective penalties were deemed inapplicable, leading to the withdrawal of the penalty notice and the conclusion that no penalty could be imposed for the anti-profiteering violation during the specified period. Case-Laws GST Thu, 10 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398656