https://www.taxtmi.com/caselaws?id=402537 The Anti-Profiteering Authority found the Respondent in violation of Section 171 (1) of the CGST Act, 2017 for not passing on GST rate reduction benefits, resulting in a profiteered amount. However, penalties under Section 122 could not be imposed due to the absence of specific provisions. The retrospective applicability of penalty provisions under Section 171 (3A) was considered, leading to the withdrawal of penalty proceedings against the Respondent. 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=402537 The Anti-Profiteering Authority found the Respondent in violation of Section 171 (1) of the CGST Act, 2017 for not passing on GST rate reduction benefits, resulting in a profiteered amount. However, penalties under Section 122 could not be imposed due to the absence of specific provisions. The retrospective applicability of penalty provisions under Section 171 (3A) was considered, leading to the withdrawal of penalty proceedings against the Respondent. Case-Laws GST Fri, 11 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402537