https://www.taxtmi.com/caselaws?id=402536 The Anti-Profiteering Authority found the Respondent liable for not passing on tax rate reduction benefits to customers for the product "Gamier Nat Shade 3," violating Section 171(1) of the CGST Act, 2017. The profiteered amount was determined at Rs. 3,43,109. However, as no penalty was prescribed for this violation under Section 122(1)(i) of the CGST Act, 2017, and the penalty provisions under Section 171(3A) of the Finance Act, 2019, could not be imposed retrospectively, the penalty proceedings were withdrawn. en-us Fri, 11 Dec 2020 00:00:00 +0530 Sat, 22 Mar 2025 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402536 The Anti-Profiteering Authority found the Respondent liable for not passing on tax rate reduction benefits to customers for the product "Gamier Nat Shade 3," violating Section 171(1) of the CGST Act, 2017. The profiteered amount was determined at Rs. 3,43,109. However, as no penalty was prescribed for this violation under Section 122(1)(i) of the CGST Act, 2017, and the penalty provisions under Section 171(3A) of the Finance Act, 2019, could not be imposed retrospectively, the penalty proceedings were withdrawn. Case-Laws GST Fri, 11 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402536