NAA order investigation of all projects of Bengal Peerless Housing Development Company

Sh. Sourav Majee Vs Bengal Peerless Housing Development Company Ltd. (NAA) The National Anti-Profiteering Authority (NAA or Authority) finds from the above table that substantial Cenvat Credit of Rs. 7.32 crore was available to the Respondent in 2016-17 i.e during pre-GST period. The DGAP Report dated 12.11.2021 is silent on the above said amount of Cenvat Credit and also whether the Respondent was maintaining separate accounts for each of its projects. The DGAP has not investigated the reason for the availability of huge amount of Cenvat Credit in pre-GST period and its impact (i.e of input s...