https://www.taxtmi.com/caselaws?id=401199 The Anti-Profiteering Authority found the Respondent guilty of not passing on rate reduction benefits to customers, violating Section 171(1) of the CGST Act. The Authority determined the profiteered amount and held the Respondent liable for penalty under Section 122(1)(i). However, it was discovered that penalties for Section 171(1) violations were not prescribed during the relevant period. As retrospective penalties were not applicable, the Authority withdrew the penalty notice, ceasing penalty proceedings against the Respondent due to the absence of penalty provisions for the violation period. en-us Wed, 18 Nov 2020 00:00:00 +0530 Thu, 20 Mar 2025 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401199 The Anti-Profiteering Authority found the Respondent guilty of not passing on rate reduction benefits to customers, violating Section 171(1) of the CGST Act. The Authority determined the profiteered amount and held the Respondent liable for penalty under Section 122(1)(i). However, it was discovered that penalties for Section 171(1) violations were not prescribed during the relevant period. As retrospective penalties were not applicable, the Authority withdrew the penalty notice, ceasing penalty proceedings against the Respondent due to the absence of penalty provisions for the violation period. Case-Laws GST Wed, 18 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401199