Profiteering - benefit of ITC and reduction in price of Flat - the Respondent though aware of the fact...

Profiteering - benefit of ITC and reduction in price of Flat - the Respondent though aware of the fact that the net benefit of ITC had to be passed on to his buyers had not passed on the entire benefit till the completion of the investigation by the DGAP - contravention of the provisions of Section 171(1) and committed an offence u/s 122(1) of the CGST Act and liable for penalty .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X