Anti-Profiteering —Section 171 of the CGST Act, 2017— The petitioner challenged the vires of Section 171 of the Act, 2017, Rules 122, 126, 127 and 133 and the order dated 12th March, 2020 passed by respondent in Case No.16/2020 primarily on the grounds that it is without jurisdiction. The petitioner and respondent affirmed that vide order dated 6th July, 2020, 35 matters entailing common questions have been clubbed and ordered to be listed for hearing on 24th August, 2020. The petitioner submitted that he is willing to deposit ten per cent of the remaining amount of the tax in accordance. Further stated that in view of the COVID-19 pandemic situation, he be permitted to deposit the same in installments.
Held that:-The Hon’ble High Court directed the petitioner to deposit the principal profiteered amount i.e. Rs.75,08,64,019/- in six equated monthly installments. The interest amount as well as the penalty proceedings initiated by the respondents are stayed till further orders. List the matter on 24th August, 2020 along with other connected matters.— Patanjali Ayurved Ltd. Vs. Union of India & Ors. [2020] 26 TAXLOK.COM 051 (Delhi)