Anti-Profiteering Complaint Dismissed After Re-Investigation Shows No ITC Gain

DG Anti Profiteering Vs Pacifica Developers Pvt. Ltd. (GSTAT) The proceedings arose from an investigation report dated 06.12.2024 submitted by the Director General of Anti-Profiteering (DGAP) under Section 171 of the Central Goods and Services Tax Act, 2017 read with Rule 129 of the CGST Rules. The investigation was initiated on the basis of a complaint dated 16.10.2019 alleging that the Respondent had failed to pass on the benefit of input tax credit (ITC) by way of commensurate reduction in price after implementation of GST with effect from 01.07.2017, in respect of a residential project na...