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GST - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Profiteering - purchase of flat in the Respondent’s project ...

Case Laws     GST

December 22, 2019

Profiteering - purchase of flat in the Respondent’s project “Nirala Greenshire” - t the total quantum of profiteering by an entity/registrant is the sum total of all the benefits that stood denied to each of the recipients/consumers individually. The intent of the words “commensurate reduction” is also clearly explained by the words “by reduction in price”.

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