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In a GST anti-profiteering case already pending before the Principal Bench of the GST Appellate Tribunal, where may the Bench direct the supplier to deposit the amount found to have been profiteered…

Question and options

In a GST anti-profiteering case already pending before the Principal Bench of the GST Appellate Tribunal, where may the Bench direct the supplier to deposit the amount found to have been profiteered if the eligible recipients cannot be identified?

  1. The GST Compensation Fund

  2. The applicable Consumer Welfare Funds

  3. The supplier’s electronic cash ledger

  4. The supplier’s electronic credit ledger

Answer and explanation

Correct answer: B - The applicable Consumer Welfare Funds

Rule 133(3)(c) of the CGST Rules provides that where the eligible recipients cannot be identified, the supplier is directed to deposit the profiteered amount in the Consumer Welfare Funds of the Centre and the State concerned. Anti-profiteering cases now lie with the Principal Bench of the GST Appellate Tribunal.

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