https://www.taxtmi.com/caselaws?id=789289 Additional input tax credit arising after GST must be passed to homebuyers through a commensurate price reduction under the anti-profiteering framework. An increased post-GST input tax credit-to-purchase-value ratio, coupled with acceptance of the quantified computation, established that the benefit had not been passed on. The supplier was therefore required to return the profiteered amount with interest at 18% per annum from collection until refund. Penalty was also applicable because the contravention fell within the operative period of the penal provision, subject to the statutory saving for timely deposit. en-us Thu, 02 Apr 2026 00:00:00 +0530 Mon, 06 Apr 2026 08:51:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789289 Additional input tax credit arising after GST must be passed to homebuyers through a commensurate price reduction under the anti-profiteering framework. An increased post-GST input tax credit-to-purchase-value ratio, coupled with acceptance of the quantified computation, established that the benefit had not been passed on. The supplier was therefore required to return the profiteered amount with interest at 18% per annum from collection until refund. Penalty was also applicable because the contravention fell within the operative period of the penal provision, subject to the statutory saving for timely deposit. Case-Laws GST Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789289