Anti-Profiteering Allegation Dismissed as DGAP Finds No ITC Gain After GST Rollout

DGAP Vs Riddhi Siddhi Construction (GSTAT) In DGAP Vs Riddhi Siddhi Construction, the Goods and Services Tax Appellate Tribunal (GSTAT) considered proceedings arising from an application filed under Rule 128 of the CGST Rules, 2017, alleging violation of Section 171 of the CGST Act, 2017. The complaint related to a residential project, “F Residences Malad,” in Mumbai, where the applicant alleged that the developer had failed to pass on the benefit of Input Tax Credit (ITC) following the implementation of GST from 01.07.2017 by way of commensurate reduction in the price of a flat purchased ...