GSTAT Drops Anti-Profiteering Case as No Extra ITC Benefit Found Post-GST

DGAP Vs IREO Pvt. Ltd. And IREO Residence Company Pvt. Ltd. (GSTAT) The proceedings before the Goods and Services Tax Appellate Tribunal (GSTAT) concern an anti-profiteering investigation against IREO Pvt. Ltd. and IREO Residence Company Pvt. Ltd. regarding two real estate projects: “Gurgaon Hills” and “Grand Hyatt Gurgaon Residences.” The investigation, initially initiated by the National Anti-Profiteering Authority (NAA) and conducted by the Directorate General of Anti-Profiteering (DGAP), was subject to re-investigation following the significant Delhi High Court ...