The CCI held that the penalty for anti-profiteering cannot be imposed retrospectively.
The National Anti-Profiteering Authority and the Competition Commission of India (CCI) held that the penalty for anti-profiteering cannot be imposed retrospectively even though the denial of Goods and Service Tax ( GST) reduction benefit is in contravention of provisions of Section 171 (1) of the CGST Act, 2017. A complaint filed under Rule 128 of…
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