https://www.taxtmi.com/caselaws?id=801202 Section 171 of the CGST Act requires suppliers to pass GST rate reductions and input-tax-credit benefits to recipients through commensurate price reductions, including where retail MRP is government-regulated but the supplier controls the transfer price. Government ownership, subsidised or complimentary character, and sourcing through PPP plants do not exclude supplies from this obligation. A transfer-price-based, invoice-wise computation may be adopted through a fair and reasonable case-specific methodology; unsubstantiated cost increases cannot justify retaining tax benefits. Interest under Rule 133(3)(c) applies only from its effective date, while penalty under Section 171(3A) applies to continuing contraventions after that provision became effective. Amounts found profiteered are allocated to Consumer Welfare Funds. en-us Wed, 14 Oct 2026 00:00:00 +0530 Fri, 16 Oct 2026 05:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801202 Section 171 of the CGST Act requires suppliers to pass GST rate reductions and input-tax-credit benefits to recipients through commensurate price reductions, including where retail MRP is government-regulated but the supplier controls the transfer price. Government ownership, subsidised or complimentary character, and sourcing through PPP plants do not exclude supplies from this obligation. A transfer-price-based, invoice-wise computation may be adopted through a fair and reasonable case-specific methodology; unsubstantiated cost increases cannot justify retaining tax benefits. Interest under Rule 133(3)(c) applies only from its effective date, while penalty under Section 171(3A) applies to continuing contraventions after that provision became effective. Amounts found profiteered are allocated to Consumer Welfare Funds. Case-Laws GST Wed, 14 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801202