Matter related to anti-profiteering will be list on 09.08.2021.
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The respondent counsel submitted that two of the applicant have furnished details and third one has not furnished the details therefore, the reconciliation exercise could not be carried out. Whereas the petitioners counsel submits requisite details concerning third applicant have also been submitted. The authority observed that the counsels will interact with each other qua the aforesaid issue and the applicant counsel will provide all documents, which are necessary for reconciliation to the respondent counsel.
Held that:-The Hon’ble Authority directed that two out of three entities have passed on a substantial amount qua the purported profiteered amount, to their customers, the respondents will not, for the moment, subject the petitioners to coercive measures. Listed the matter on 09.08.2021.
Matter related to anti-profiteering will be list on 09.08.2021.
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The respondent counsel submitted that two of the applicant have furnished details and third one has not furnished the details therefore, the reconciliation exercise could not be carried out. Whereas the petitioners counsel submits requisite details concerning third applicant have also been submitted. The authority observed that the counsels will interact with each other qua the aforesaid issue and the applicant counsel will provide all documents, which are necessary for reconciliation to the respondent counsel.
Held that:-The Hon’ble Authority directed that two out of three entities have passed on a substantial amount qua the purported profiteered amount, to their customers, the respondents will not, for the moment, subject the petitioners to coercive measures. Listed the matter on 09.08.2021.