When you enchant a bow with punch, then fire it at a creative player the arrow will fall to the ground like normal, but will push the player the distance the punch typically pushes a survival player.
Steps to Reproduce:
Enchant a bow with Punch
In Creative mode, shoot yourself with the bow
Observed Results:
The player is knocked back.
Expected Results:
The player should not be knocked back.
I can confirm this too, in 1.16.20 (and by extension 1.16.40).