ATS Homes guilty of profiteering in its project ATS Picturesque Reprieves: NAA

Director General of Anti-Profiteering Vs ATS Homes Pvt. Ltd. (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 15.10.2020 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 ‘ATS Picturesque Reprieves‘, situated at Plot No. SC-01, Sector-152, Noida, Uttar Pradesh. The Applicant No. 1 alleged that the Res...