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GST - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Profiteering - Nestle Munch Nuts 32 Gm. Chocolate and the ...


Company Not Penalized for Failing to Pass GST Rate Cut to Customers Due to Lack of Penalty Rules at the Time.

August 20, 2020

Case Laws     GST     NAPA

Profiteering - Nestle Munch Nuts 32 Gm. Chocolate and the Cadbury Dairy Milk Chocolate - allegation that the benefit of GST rate reduction to his customers not passed on - no penalty provisions were in existence between the period w.e.f. 16.11.2017 to 31.03.2018 when the Respondent had violated the provisions of Section 171 (1), the penalty prescribed under Section 171 (3A) cannot be imposed on the Respondent retrospectively - NAPA

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