NAA held Bhagwati Infra guilty of profiteering in project ‘Bhagwati Eminence’

Sh. Dhiraj Shetty Vs Bhagwati Infra (NAA) The brief facts of the present case, are that a reference was received by the DGAP from the Standing Committee on Anti-profiteering on 09.10.2019 to conduct a detailed investigation in respect of an application filed under Rule 128 of the Central Goods and Services Tax Rules, 2017 alleging profiteering by the Respondent in respect of purchase of a flat in the Respondent’s project ‘Bhagwati Eminence’, situated at Plot 7/7A, Sector-13, Nerul, Navi Mumbai. The Applicant No. 1 alleged that the Respondent had not passed on the commensurate...