HC orders to Deposit Profiteered Amount & Stays Interest & Penalty Imposed by NAA

Gaurav Sharma Food Industries Vs Union of India & Ors (Delhi High Court)

In the present case, the NAA held that the  petitioner has denied the benefit of tax reduction to the customers in contravention of the provisions of Section 171 (1) of the CGST Act, 2017 and he has thus resorted to profiteering. Hence, he has committed an offence under section 171 (3A) of the CGST Act, 2017 and therefore, he is liable to penal action under the provisions of the above Section.

High Court directed the petitioner to deposit principal profiteered amount but stayed interest and penalty imposed by National Anti-Profiteering Authority (NAA).

FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT

CM APPL. 23190/2020

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