Profiteering - supplies of “luggage trolley bag/suitcases”, ...

Profiteering Allegations on Luggage Bags Not Subject to Penalties u/ss 171(1) & 122(1)(i) of CGST Act 2017.

August 25, 2020

Case Laws GST NAPA

Profiteering - supplies of “luggage trolley bag/suitcases”, namely “Tropic 45 Weekender Black” and “Neolite Strolly 53 360 (VIP) FIR - the violation of the provisions of Section 171 (1) is not covered u/s 122(1)(i) of the CGST Act, 2017 as it does not provide penalty for not passing on the benefits of tax reduction and ITC and hence the penalty prescribed u/s 122 cannot be imposed - NAPA

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Profiteering - supplies of “luggage trolley bag/suitcases”, ...

Profiteering Allegations on Luggage Bags Not Subject to Penalties u/ss 171(1) & 122(1)(i) of CGST Act 2017.

August 25, 2020

Case Laws GST NAPA

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