No Anti-Profiteering Violation Where Post-GST ITC Ratio Lower Than Pre-GST: GSTAT

DG Anti Profiteering Vs Mantri Castles Private Limited (GSTAT) The proceedings arose from a reference received from the Standing Committee on 30.05.2022 to investigate an application alleging profiteering in respect of construction services supplied for the project “Mantri Serenity” at Bangalore. The allegation concerned non-passing of benefit under Section 171 of the CGST Act. The DGAP submitted its initial report on 27.09.2022 to the erstwhile National Anti-Profiteering Authority, which was pending before the Competition Commission of India. Meanwhile, pursuant to a judgment dated 29.01....