Case Law Details
Case Name : Jotbir Singh Bhalla Vs Suncity Projects Pvt. Ltd. (NAA)
Related Assessment Year :
Courts :
National Anti-Profiteering Authority
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Jotbir Singh Bhalla Vs Suncity Projects Pvt. Ltd. (NAA)
Authority determines that the Respondent has profiteered an amount of Rs. 2,62,56,652/-. Therefore, given the above facts, the Authority under Rule 133(3)(a) of the CGST Rules orders that the Respondent shall reduce the price to be realized from the buyers of the flats commensurate with the benefit of ITC received by him. The details of the recipients and benefit which is required to passed on to each recipient/homebuyer (including Applicant No. 1) alongwith the details of the unit are contained in the Annexure’ A’ to this ord...
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How could buyer can claim ITC ?? how could it be passed on ? GST on construction is an inelgible ITC