Stay on the operation of the order passed by anti-profiteering authority.
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The court in the previous order passed on 26.02.2021 observed that the respondent no. 3/DGAP, via a communication dated 21.01.2021, addressed to respondent no. 2/NAPA, has indicated that the petitioner has passed on the input tax credit amounting to Rs. 2,99,81,701/-. Further respondent no.2/NAPA has, vide its order dated 19.08.2020, concluded that no penalty is payable by the petitioner. The respondent counsel submitted that the investigation with regard to the input tax credit was not carried out by respondent no. 3/DGAP. The matter will, therefore, require further examination.
Held that:-The Hon’ble High Court issued notice and listed the matter on 12.07.2021. In the meanwhile, a stay on the operation of the impugned order dated 15.11.2019 passed by respondent no. 2/NAPA.
Stay on the operation of the order passed by anti-profiteering authority.
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The court in the previous order passed on 26.02.2021 observed that the respondent no. 3/DGAP, via a communication dated 21.01.2021, addressed to respondent no. 2/NAPA, has indicated that the petitioner has passed on the input tax credit amounting to Rs. 2,99,81,701/-. Further respondent no.2/NAPA has, vide its order dated 19.08.2020, concluded that no penalty is payable by the petitioner. The respondent counsel submitted that the investigation with regard to the input tax credit was not carried out by respondent no. 3/DGAP. The matter will, therefore, require further examination.
Held that:-The Hon’ble High Court issued notice and listed the matter on 12.07.2021. In the meanwhile, a stay on the operation of the impugned order dated 15.11.2019 passed by respondent no. 2/NAPA.