Seller Must Refund Rs. 2,06,100 Plus Interest for Not Passing GST Rate Cut on Eclat Serum; No Penalty Due to Timing.

Case-Laws – GST – Highlights – The respondent, engaged in selling medicines with GSTIN 24AFKPG7000FIZZ, failed to pass on the benefit of GST rate reduction from 28% to 18% on the product “Eclat Serum 30gm” (HSN 33049910) to the recipients, effective from

Seller Must Refund Rs. 2,06,100 Plus Interest for Not Passing GST Rate Cut on Eclat Serum; No Penalty Due to Timing.
Case-Laws
GST
The respondent, engaged in selling medicines with GSTIN 24AFKPG7000FIZZ, failed to pass on the benefit of GST rate reduction from 28% to 18% on the product “Eclat Serum 30gm” (HSN 33049910) to the recipients, effective from 15.11.2017 as per Notification No. 41/2017-Central Tax (Rate) dated 14.11.2017. This contravened Section 171(1) of the CGST Act, 2017. T

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