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GST - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

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


Developer Profiteering Confirmed: Failed to Transfer Input Tax Credit Benefits to Flat Buyer, Violating Pricing Obligations.

February 21, 2020

Case Laws     GST     NAPA

Profiteering - purchase of Flat in the Respondent’s project - allegation that the Respondent had not passed on the benefit of Input Tax Credit (ITC) to him by way of commensurate reduction in the price - It is established that, respondent has profiteered - NAPA

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