https://www.taxtmi.com/highlights?id=102840 Additional input tax credit arising in a construction project must be passed to eligible buyers through commensurate price reductions under the anti-profiteering framework. Buyer-wise verification may establish that substantial credit has been passed on while identifying outstanding benefit due to remaining recipients. Unpassed benefit attracts interest from the date of supply because recipients were deprived of the monetary benefit; it cannot generally be withheld against disputed consideration where a separate consumer dispute remains pending. Continuing failure to pass on benefit after the penalty provision took effect can also attract a penalty, subject to the statutory relief available where the profiteered amount is deposited within the prescribed period. en-us Wed, 19 Aug 2026 08:20:11 +0530 Wed, 19 Aug 2026 08:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102840 Additional input tax credit arising in a construction project must be passed to eligible buyers through commensurate price reductions under the anti-profiteering framework. Buyer-wise verification may establish that substantial credit has been passed on while identifying outstanding benefit due to remaining recipients. Unpassed benefit attracts interest from the date of supply because recipients were deprived of the monetary benefit; it cannot generally be withheld against disputed consideration where a separate consumer dispute remains pending. Continuing failure to pass on benefit after the penalty provision took effect can also attract a penalty, subject to the statutory relief available where the profiteered amount is deposited within the prescribed period. Highlights GST Wed, 19 Aug 2026 08:20:11 +0530 https://www.taxtmi.com/highlights?id=102840