https://www.taxtmi.com/caselaws?id=786951 Rule 133 timelines are directory and do not bar proceedings; therefore the investigation proceeded. The supplier raised base prices concurrent with a GST rate reduction and failed to rebut the rebuttable presumption that rate decreases must be passed to recipients, so profiteering is established and the recomputed profiteered amount is accepted. Interest may be levied only prospectively from the notified effective date for interest and is payable on the profiteered amount until deposit. Penalty provision introduced later cannot be applied retrospectively to the investigation period. Half of recovered sums are directed to designated consumer welfare funds. en-us Fri, 20 Feb 2026 00:00:00 +0530 Mon, 23 Feb 2026 07:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786951 Rule 133 timelines are directory and do not bar proceedings; therefore the investigation proceeded. The supplier raised base prices concurrent with a GST rate reduction and failed to rebut the rebuttable presumption that rate decreases must be passed to recipients, so profiteering is established and the recomputed profiteered amount is accepted. Interest may be levied only prospectively from the notified effective date for interest and is payable on the profiteered amount until deposit. Penalty provision introduced later cannot be applied retrospectively to the investigation period. Half of recovered sums are directed to designated consumer welfare funds. Case-Laws GST Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786951