https://www.taxtmi.com/caselaws?id=425719 NAPA found that a power bank supplier violated Section 171 of CGST Act by failing to pass on GST rate reduction benefits from 28% to 18% effective January 1, 2019. During January-March 2019, the respondent increased base prices despite the tax reduction, resulting in profiteering of Rs. 96,354. NAPA directed commensurate price reduction but declined to impose penalty under Section 171(3A) as penalty provisions were not in force during the violation period, having been introduced only from January 1, 2020. The supplier was ordered to reduce prices in line with GST rate reduction benefits. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 04 Apr 2025 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425719 NAPA found that a power bank supplier violated Section 171 of CGST Act by failing to pass on GST rate reduction benefits from 28% to 18% effective January 1, 2019. During January-March 2019, the respondent increased base prices despite the tax reduction, resulting in profiteering of Rs. 96,354. NAPA directed commensurate price reduction but declined to impose penalty under Section 171(3A) as penalty provisions were not in force during the violation period, having been introduced only from January 1, 2020. The supplier was ordered to reduce prices in line with GST rate reduction benefits. Case-Laws GST Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425719