Respondent acknowledged and remitted Rs.3,55,198 ITC benefit, complying with Section 171(1) CGST Act; investigation closed

Respondent acknowledged and remitted Rs.3,55,198 ITC benefit, complying with Section 171(1) CGST Act; investigation closedCase-LawsGSTAT held that the Respondent acknowledged and did not challenge the DGAP’s quantified differential ITC benefit of Rs. 3,55

Respondent acknowledged and remitted Rs.3,55,198 ITC benefit, complying with Section 171(1) CGST Act; investigation closed
Case-Laws
GST
AT held that the Respondent acknowledged and did not challenge the DGAP's quantified differential ITC benefit of Rs. 3,55,198/-, voluntarily remitted the same to the recipient and thereby complied with the obligation under Section 171(1) CGST Act, 2017 to pass on ITC benefits by commensurate price reduction. The Tribunal affirmed the DGAP's computation

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