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GST - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Profiteering - purchase of Shop - the Respondent has benefited ...

Case Laws     GST

December 24, 2020

Profiteering - purchase of Shop - the Respondent has benefited from the additional ITC to the extent of 5.91% of the turnover during the period from July, 2017 to June, 2019 - It is also apparent from the above that the provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as he has not passed on the benefit of ITC to his buyers. - NAPA

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