https://www.taxtmi.com/caselaws?id=799454 Anti-profiteering calculations under the CGST framework require the benefit of net available input tax credit to be passed to recipients through commensurate price reductions. Unutilised input tax credit that has been reversed is excluded when determining the additional credit benefit and any amount required to be returned. Amounts not passed on must be returned to eligible recipients with interest at 18% from collection until repayment. The penalty provision for anti-profiteering applies only from its commencement and cannot be imposed for conduct occurring before that date. Liability for the earlier period is therefore limited to restitution of the net credit benefit and statutory interest. en-us Fri, 18 Sep 2026 00:00:00 +0530 Tue, 22 Sep 2026 08:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799454 Anti-profiteering calculations under the CGST framework require the benefit of net available input tax credit to be passed to recipients through commensurate price reductions. Unutilised input tax credit that has been reversed is excluded when determining the additional credit benefit and any amount required to be returned. Amounts not passed on must be returned to eligible recipients with interest at 18% from collection until repayment. The penalty provision for anti-profiteering applies only from its commencement and cannot be imposed for conduct occurring before that date. Liability for the earlier period is therefore limited to restitution of the net credit benefit and statutory interest. Case-Laws GST Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799454