https://www.taxtmi.com/highlights?id=64385 Profiteering - purchase of fiats - it is alleged that the benefit of input tax credit had not been passed on to the Applicant No. 1 and Applicant No, 2 by way of commensurate reduction in prices - Contravention of section 171 of CGST Act - the Authority finds that. the profiteered amount required to be returned/passed on by the Respondent is Rs, 2,86,32,474 (inclusive of GST @ 12%/ 8% on the base price) as is evident from the above Report - NAPA en-us Sat, 02 Jul 2022 09:12:40 +0530 Sat, 02 Jul 2022 09:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64385 Profiteering - purchase of fiats - it is alleged that the benefit of input tax credit had not been passed on to the Applicant No. 1 and Applicant No, 2 by way of commensurate reduction in prices - Contravention of section 171 of CGST Act - the Authority finds that. the profiteered amount required to be returned/passed on by the Respondent is Rs, 2,86,32,474 (inclusive of GST @ 12%/ 8% on the base price) as is evident from the above Report - NAPA Highlights GST Sat, 02 Jul 2022 09:12:40 +0530 https://www.taxtmi.com/highlights?id=64385