https://www.taxtmi.com/caselaws?id=422431 NAPA held that respondent violated Section 171 of CGST Act by failing to pass ITC benefits to customers. Respondent imported aluminum goods and factored customs duty into pre-GST pricing but did not reduce prices when ITC became available post-GST implementation from July 2017. Authority found profiteering of Rs. 12,79,304 during investigation period (July 2017 to September 2019). Respondent ordered to refund the profiteered amount with 18% interest from profiteering date until refund completion under Rule 133(3)(b) of CGST Rules 2017. en-us Mon, 09 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422431 NAPA held that respondent violated Section 171 of CGST Act by failing to pass ITC benefits to customers. Respondent imported aluminum goods and factored customs duty into pre-GST pricing but did not reduce prices when ITC became available post-GST implementation from July 2017. Authority found profiteering of Rs. 12,79,304 during investigation period (July 2017 to September 2019). Respondent ordered to refund the profiteered amount with 18% interest from profiteering date until refund completion under Rule 133(3)(b) of CGST Rules 2017. Case-Laws GST Mon, 09 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422431