GST: Penalty for Section 171(1) violation effective from 01.01.2020

Ratish Nair Vs Man Realty Ltd. (NAA)

In this case Respondent has not passed on the benefit of input tax credit to his buyers w.e.f 01.07.2017 to 30.09.2018 and hence, the Respondent has violated the provisions of Section 171(1) of the CGST Act, 2017.

It is also revealed from the perusal of the CGST Act and the Rules framed under it that the Central Government vide Please become a Premium member. If you are already a Premium member, login here to access the full content.