Sunday, December 22, 2019

Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order]

In a recent case, the National Anti-Profiteering Authority ( NAA ) held that if the respondent has denied the benefit of ITC to the buyers, then provisions of Section 171 of the CGST Act, 2017 have been contravened by him as he has profiteered an amount and liable to be punished under this Act. The […]

The post Conscious Act of Contravention of Provisions of Section 171 (1) of CGST Act Leads to Penalty: NAA [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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