https://www.taxtmi.com/caselaws?id=402582 The case involved a violation of Section 171 (1) of the CGST Act, 2017, where the Respondent failed to pass on GST rate reduction benefits to recipients for supplies of snacks, resulting in a profiteered amount of Rs. 12,76,306. The Authority determined the profiteered amount in accordance with the relevant provisions but clarified that penalties under Section 122 could not be imposed for anti-profiteering violations under Section 171. As specific penalty provisions were introduced retrospectively under the Finance Act, 2019, penalties could not be applied for violations predating this enactment, leading to the withdrawal of penalty proceedings against the Respondent. en-us Fri, 11 Dec 2020 00:00:00 +0530 Sat, 22 Mar 2025 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402582 The case involved a violation of Section 171 (1) of the CGST Act, 2017, where the Respondent failed to pass on GST rate reduction benefits to recipients for supplies of snacks, resulting in a profiteered amount of Rs. 12,76,306. The Authority determined the profiteered amount in accordance with the relevant provisions but clarified that penalties under Section 122 could not be imposed for anti-profiteering violations under Section 171. As specific penalty provisions were introduced retrospectively under the Finance Act, 2019, penalties could not be applied for violations predating this enactment, 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=402582