HCBS Promoters & Developers Pvt. Ltd. guilty of profiteering under GST: NAA

Bhanja Kishore Pradhan Vs. HCBS Promoters & Developers Pvt. Ltd. (NAA) The Respondent has not disputed the findings of the DGAP regarding method of computation of profiteering and the amount worked out by him. As such, the Authority finds no reason to differ from the above-detailed computation of profiteering in the DGAP’s Report or the methodology adopted and hence, the Authority determines the profiteered amount for the period from 01.07.2017 to 31.12.2018, in the instant case, as Rs. 1,42,45,741/-, for the project ‘Sports Ville’. This Authority under Rule 133 (3) (a) o...