GST: NAA didn’t impose Penalty for denying benefit of ITC for Nestle Munch & Cadbury Dairy Milk as no penalty provisions existed [Read Order]

The National Anti-Profiteering Authority (NAA) found M/s Harish Bakers and Confectioners Private Limited guilty of profiteering but did not impose the penalty for denying the benefit of Input Tax Credit (ITC) as no penalty provisions existed when the ITC was denied. The Applicant, Pushpak Chauhan, alleged profiteering against the respondent, M/s Harish Bakers and Confectioners […]

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