No Violation of Section 171 Where Project Completed Before GST Implementation: GSTAT

DGAP Vs IREO Victory Valley Pvt. Ltd (GSTAT) The Goods and Services Tax Appellate Tribunal (GSTAT) accepted the final report submitted by the Director General of Anti-Profiteering (DGAP), concluding that IREO Victory Valley Pvt. Ltd. had not violated the anti-profiteering provisions under Section 171 of the Central Goods and Services Tax (CGST) Act, 2017. The ruling stemmed from an extended investigation into the real estate company’s project, which began following a recommendation from the erstwhile National Anti-Profiteering Authority (NAA) in a separate case involving M/s Ireo Grace...