https://www.taxtmi.com/caselaws?id=782964 GSTAT (AT), New Delhi held that interest at 18% under Rule 133(3)(c) of the CGST Rules was not leviable on the alleged profiteered amount for the investigation period 15.11.2017 to 30.06.2019, as this period did not substantially fall within the timeframe when the interest provision became operative. The Tribunal further held that no penalty was imposable, since the statutory provision enabling penalty in profiteering cases was introduced only in 2020, i.e., after the end of the alleged profiteering period. The concerned Commissioner was directed to submit a compliance report within four months. The case was disposed of accordingly. en-us Tue, 02 Dec 2025 00:00:00 +0530 Sat, 06 Dec 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782964 GSTAT (AT), New Delhi held that interest at 18% under Rule 133(3)(c) of the CGST Rules was not leviable on the alleged profiteered amount for the investigation period 15.11.2017 to 30.06.2019, as this period did not substantially fall within the timeframe when the interest provision became operative. The Tribunal further held that no penalty was imposable, since the statutory provision enabling penalty in profiteering cases was introduced only in 2020, i.e., after the end of the alleged profiteering period. The concerned Commissioner was directed to submit a compliance report within four months. The case was disposed of accordingly. Case-Laws GST Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782964