https://www.taxtmi.com/caselaws?id=797243 Section 171 of the CGST Act requires additional input tax credit benefits to be passed to recipients through commensurate price reductions. Verified beneficiary-wise shortfalls remain payable where invoices and receipts do not establish full pass-through. Rule 133(3)(b) requires return of unpassed benefit with interest at 18% per annum from the commencement of GST until payment. Section 171(3A) applies a 10% penalty to profiteering attributable to the period after its commencement, subject to the exception where the amount is deposited within 30 days of the order. The residual input tax credit shortfall is therefore recoverable with applicable interest and penalty consequences. en-us Mon, 17 Aug 2026 00:00:00 +0530 Tue, 18 Aug 2026 17:47:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797243 Section 171 of the CGST Act requires additional input tax credit benefits to be passed to recipients through commensurate price reductions. Verified beneficiary-wise shortfalls remain payable where invoices and receipts do not establish full pass-through. Rule 133(3)(b) requires return of unpassed benefit with interest at 18% per annum from the commencement of GST until payment. Section 171(3A) applies a 10% penalty to profiteering attributable to the period after its commencement, subject to the exception where the amount is deposited within 30 days of the order. The residual input tax credit shortfall is therefore recoverable with applicable interest and penalty consequences. Case-Laws GST Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797243