https://www.taxtmi.com/caselaws?id=467591 Anti-profiteering proceedings were held maintainable because the complainant qualified as an interested party and the complaint was linked to the subscriber connection and registered contact details. The Authority found that, after GST, additional input tax credit became available where earlier levies were not creditable, and the respondent had not passed that benefit on through commensurate price reduction; profiteering was therefore quantified on the basis of pre-GST and post-GST ITC-to-turnover ratios from the respondent's own records. Constitutional and methodology challenges were rejected, while penalty was held inapplicable retrospectively. The quantified profiteered amount, with interest, was directed to be deposited into the Consumer Welfare Funds. en-us Mon, 29 Aug 2022 00:00:00 +0530 Wed, 25 Mar 2026 15:15:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467591 Anti-profiteering proceedings were held maintainable because the complainant qualified as an interested party and the complaint was linked to the subscriber connection and registered contact details. The Authority found that, after GST, additional input tax credit became available where earlier levies were not creditable, and the respondent had not passed that benefit on through commensurate price reduction; profiteering was therefore quantified on the basis of pre-GST and post-GST ITC-to-turnover ratios from the respondent's own records. Constitutional and methodology challenges were rejected, while penalty was held inapplicable retrospectively. The quantified profiteered amount, with interest, was directed to be deposited into the Consumer Welfare Funds. Case-Laws GST Mon, 29 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467591