https://www.taxtmi.com/caselaws?id=786078 GST rate reduction on certain noodles triggered a presumption of profiteering; invoicewise comparison by DGAP found baseprice increases and established profiteering of Rs.90,90,310 for 15.11.2017-31.12.2018, and the profiteered amount must be deposited in the Consumer Welfare Fund. The imposition of interest was declined because the 18% interest provision became operative only from 28.06.2019 and fiscal liabilities cannot be applied retrospectively; therefore no interest was directed. Penalty under the penal provision was also not imposed because that provision came into force from 01.01.2020 and cannot be applied retroactively to the violation period. en-us Tue, 03 Feb 2026 00:00:00 +0530 Thu, 05 Feb 2026 09:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786078 GST rate reduction on certain noodles triggered a presumption of profiteering; invoicewise comparison by DGAP found baseprice increases and established profiteering of Rs.90,90,310 for 15.11.2017-31.12.2018, and the profiteered amount must be deposited in the Consumer Welfare Fund. The imposition of interest was declined because the 18% interest provision became operative only from 28.06.2019 and fiscal liabilities cannot be applied retrospectively; therefore no interest was directed. Penalty under the penal provision was also not imposed because that provision came into force from 01.01.2020 and cannot be applied retroactively to the violation period. Case-Laws GST Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786078