Quick Summary
The Principal Bench of the Goods Services Tax Appellate Tribunal (GSTAT), under the Department of Revenue, Ministry of Finance, has issued a formal notice summoning the concerned party for a final hearing in a matter involving alleged violations of Section 171 of the Central Goods and Services Tax
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FAQ :
Section 171 of the CGST Act mandates that businesses must pass on any reduction in tax rates or benefits from input tax credit to consumers by lowering prices proportionally. Non-compliance can result in penalties and orders to return overcharged amounts.
The final hearing is scheduled for July 1, 2025, at 10:30 AM, at the GSTAT Principal Bench, located on the 6th floor, Tower-1, Jeevan Bharti Building, Connaught Place, New Delhi.
The case involves the Goods & Services Tax Appellate Tribunal (GSTAT) and a party accused of violating Section 171 of the CGST Act. The Directorate General of Anti-Profiteering (DGAP) has also been notified to make a representation.
If the concerned party fails to appear in person or through an authorised representative, the Tribunal will proceed to decide the matter ex-parte, based on the evidence available.
GSTAT is taking action as part of its efforts to ensure that the benefits of tax rate reductions are passed on to consumers, promoting consumer protection and ethical business practices under the GST regime.
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