Respondent Accused of Profiteering by Not Passing Increased Input Tax Credit Benefits to Customers in Transactions.

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....Profiteering - Respondent did not pass on the benefit arising out of the increased ITC in the case of the subject transaction - the possibility of the Respondent having profiteered and thus unfairly benefited in the similar manner, in case of the other supplies affected by him to other customers, cannot be ruled out.....