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GST - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Profiteering - purchase of Flat - Respondent shall reduce the ...


Flat Buyers to Receive Price Adjustments Reflecting Input Tax Credit Benefits Through August 31, 2018, and Beyond.

December 4, 2019

Case Laws     GST     NAPA

Profiteering - purchase of Flat - Respondent shall reduce the prices to be realized from the buyers of the flats commensurate with the benefit of ITC received by him. Since the present investigation is only up to 31.08.2018 any benefit of ITC which accrues subsequently shall also be passed on to the buyers by the Respondent.

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