https://www.taxtmi.com/caselaws?id=401292 The Respondent was found to have violated Section 171(1) of the CGST Act, 2017 by not passing on the benefit of the GST rate reduction to customers. The profiteered amount was determined to be Rs. 34,34,008/-. The Respondent was directed to deposit this amount in the Consumer Welfare Funds of the Central and State Governments and to reduce prices accordingly. The penalty under Section 171(3A) could not be imposed retrospectively. The order was issued within an extended timeline due to the COVID-19 pandemic. en-us Thu, 26 Nov 2020 00:00:00 +0530 Fri, 21 Mar 2025 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401292 The Respondent was found to have violated Section 171(1) of the CGST Act, 2017 by not passing on the benefit of the GST rate reduction to customers. The profiteered amount was determined to be Rs. 34,34,008/-. The Respondent was directed to deposit this amount in the Consumer Welfare Funds of the Central and State Governments and to reduce prices accordingly. The penalty under Section 171(3A) could not be imposed retrospectively. The order was issued within an extended timeline due to the COVID-19 pandemic. Case-Laws GST Thu, 26 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401292