https://www.taxtmi.com/caselaws?id=790943 Where introduction of GST increased the input tax credit benefit, the anti-profiteering framework required the supplier to pass that advantage on to homebuyers by commensurate price reduction. The investigation found that the input tax credit ratio rose from 9.70% to 11.89%, creating an additional benefit that was not fully and uniformly transferred to recipients. The unpassed amount was quantified and ordered to be refunded with 18% interest from the date of collection until refund, while the post-01.01.2020 period also attracted penalty exposure for profiteering if compliance was not made within the prescribed time. en-us Wed, 29 Apr 2026 00:00:00 +0530 Mon, 04 May 2026 07:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790943 Where introduction of GST increased the input tax credit benefit, the anti-profiteering framework required the supplier to pass that advantage on to homebuyers by commensurate price reduction. The investigation found that the input tax credit ratio rose from 9.70% to 11.89%, creating an additional benefit that was not fully and uniformly transferred to recipients. The unpassed amount was quantified and ordered to be refunded with 18% interest from the date of collection until refund, while the post-01.01.2020 period also attracted penalty exposure for profiteering if compliance was not made within the prescribed time. Case-Laws GST Wed, 29 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790943