https://www.taxtmi.com/caselaws?id=788482 Additional input tax credit in the post-GST period can trigger profiteering liability where the supplier retains the resulting benefit instead of passing it on through a commensurate price reduction. The document states that a higher credit-to-purchase-value ratio was used to quantify the excess amount payable to buyers, with the profiteered sum computed from the differential and the relevant sales base. It further notes that interest is payable at 18% per annum from the date of collection until refund under Rule 133(3)(b), while penalty is avoided where the amount is deposited or refunded within the statutory period under the proviso to Section 171(3A). en-us Thu, 19 Mar 2026 00:00:00 +0530 Mon, 23 Mar 2026 08:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788482 Additional input tax credit in the post-GST period can trigger profiteering liability where the supplier retains the resulting benefit instead of passing it on through a commensurate price reduction. The document states that a higher credit-to-purchase-value ratio was used to quantify the excess amount payable to buyers, with the profiteered sum computed from the differential and the relevant sales base. It further notes that interest is payable at 18% per annum from the date of collection until refund under Rule 133(3)(b), while penalty is avoided where the amount is deposited or refunded within the statutory period under the proviso to Section 171(3A). Case-Laws GST Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788482