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GST - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

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

Case Laws     GST

August 25, 2020

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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