TMI BlogRespondent Violates CGST Act by Not Passing ITC Benefits to Buyers, NAPA Confirms Price Reduction Failure.Profiteering - purchase of flats - allegation of Respondent had not passed on the benefit of Input Tax Credit (ITC) to them by way of commensurate reduction in prices of the flats - contravention of Section 171 (1) of the CGST Act, 2017 proved - NAPA ..... X X X X Extracts X X X X X X X X Extracts X X X X
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