Competition Commission found Respondent didn't pass on GST benefits, profiteered Rs. 48,25,970. Ordered to refund with interest.

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....The Competition Commission of India found that the Respondent engaged in profiteering by not passing on the benefit of reduced GST rates to ticket recipients, resulting in a profiteered amount of Rs. 48,25,970. The Respondent was directed to reduce ticket prices and deposit the profiteered amount with interest. The amount was to be split between the Central and Telangana State Consumer Welfare Funds. The Respondent was given 3 months to comply, failure of which would lead to recovery by the tax authorities. While the Respondent violated Section 171(1) of the CGST Act, 2017, the penalty u/s 171(3A) could not be imposed retrospectively as it was not in effect during the violation period. Application was disposed of.....