Abhishek Vs Signature Global Developers Pvt. Ltd
Date: September 30, 2020
Subject Matter
Penalty prescribed under Section 171 (3A) cannot be imposed retrospectively
Summary
It is revealed that vide Section 112 of the Finance Act, 2019 specific penalty provisions have been added for violation of the 01.01.2020 vide Notification No. 01/2020-Central tax dated 01.01.2020 by inserting Section 171 (3A) in the CGST Act, 2017.…
1. The brief facts of the present case are that the Applicant No. 2 (here­in-after referred to as the DGAP) vide his Report dated 21.05.2019, furnished to this Authority under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017, had submitted that he had conducted an investigation on the complaint of the Applicant No. 1 and found that the Respondent had not passed on the be…