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2020 (8) TMI 570 - HC - GSTProfiteering - direction to deposit the profiteered amount - Vires of Section 171 of the CGST Act and Chapter XV of the CGST Rules - vires of Rules 123 and 129 of the CGST Rules - HELD THAT:- This Court in PHILLIPS INDIA LIMITED VERSUS UNION OF INDIA & ORS. [2020 (6) TMI 626 - DELHI HIGH COURT], this Court directs the petitioner to deposit the principal profiteered amount i.e. ₹ 19,81,035/- (i.e. ₹ 20,80,087/- minus ₹ 99,052/-) in six equated monthly instalments commencing 01st September, 2020. The interest amount directed to be paid by the respondents is stayed till further orders. List on 03rd November, 2020.
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