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GST - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

The Hon'ble HC quashed the orders passed by the National ...


HC quashes anti-profiteering orders, mandates equal GST benefit for real estate buyers.

January 16, 2025

Case Laws     GST     HC

The Hon'ble HC quashed the orders passed by the National Anti-Profiteering Authority, holding that to determine profiteering in real estate, the total GST savings for each project must be calculated and divided by the total area to arrive at the per square feet benefit to be passed on equally to flat buyers with equal area. The HC directed the Competition Commission to pass appropriate orders accordingly.

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