Discount cannot be considered as passing on of benefit of additional ITC if same was to set off the increase in prices

Sh. Ratish Nair Vs M/s. Man Realty Ltd. (National Anti-Profiteering Authority)

It is established from the perusal of the above facts that the provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as he has profiteered an amount of Rs. 1,27,84,694/-inclusive of GST @ 12% on the base profiteered amount of Rs.1,14,14,905/-. Further, the Respondent has realized an additionalamount of Rs. 1,27,84,694/- which includes both the profiteered amount @5.99% of the taxable amount (base price) and GST on

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