https://www.taxtmi.com/caselaws?id=796109 Additional input tax credit benefits must be passed to each eligible homebuyer through a commensurate reduction in price. A remaining differential benefit was not passed to two homebuyers, and free additional construction work could not substitute the prescribed price reduction, even if commercially equivalent or greater in value. Interest at 18% per annum applies to the unpassed amount from collection of the higher price until payment. Where the contravention continued after the penalty provision took effect, anti-profiteering penalty applies, subject to the statutory protection where the profiteered amount is deposited within thirty days of the order. en-us Wed, 29 Jul 2026 00:00:00 +0530 Fri, 31 Jul 2026 08:27:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796109 Additional input tax credit benefits must be passed to each eligible homebuyer through a commensurate reduction in price. A remaining differential benefit was not passed to two homebuyers, and free additional construction work could not substitute the prescribed price reduction, even if commercially equivalent or greater in value. Interest at 18% per annum applies to the unpassed amount from collection of the higher price until payment. Where the contravention continued after the penalty provision took effect, anti-profiteering penalty applies, subject to the statutory protection where the profiteered amount is deposited within thirty days of the order. Case-Laws GST Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796109