Sanghvi Premises guilty of not passing ITC benefit to Flat Buyers: NAA

Sh. Dinesh Jain & Ms. Madhu Jain Vs Sanghvi Premises Pvt. Ltd. (NAA) NAA held that Sanghvi Premises Pvt. Ltd. has not passed ITC benefit to Its customers in its Project ‘Sanghvi Solitaire’ situated at Borivali, Maharashtra in terms of Section 171 of the CGST Act, 2017. Applicant alleged that Sanghvi Premises Pvt. Ltd. had not passed on the benefit of ITC to him by way of commensurate reduction in the price of the Flat No. 11-1601 purchased from the Respondent in the Respondent’s project ‘Sanghvi Solitaire’ situated at Borivali, Maharashtra in terms of Section ...