CCI upholds Penalty on Anti Profiteering under CGST Act on Denial of ITC to Customers

The CCI upheld the Penalty on Anti Profiteering under the CGST Act on Denial of ITC to Customers
By Yogitha S. Yogesh - On January 28, 2024 8:03 pm - 2 mins read
CCI - Penalty on Anti Profiteering - CGST Act - Denial of ITC to Customers - TAXSCAN

In a recent case, the Competition Commission of India (CCI) upheld the Penalty for Anti Profiteering as Denial of Input Tax Credit (ITC) to Customers which was in contravention of provisions of section 171 (1) of Central Goods and Service Tax (CGST), 2017. The case revolves around the franchisee, M/s. Smookey Kitchen Foods OPC Pvt….

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader