Anti-Profiteering Case Closed After Undertaking to Pass Pending ITC Benefit

DGAP Vs Diya Greencity Private Limited (GSTAT)

The matter was heard by the Goods and Services Tax Appellate Tribunal (GSTAT) in virtual mode. The investigation arose from a reference made by the Standing Committee, pursuant to which the Director General of Anti-Profiteering (DGAP) initiated proceedings against the Respondent. After examining relevant documents, the DGAP concluded that upon implementation of GST, the total benefit of input tax credit (ITC) accrued to the Respondent amounted to ₹10,49,43,145, along with GST at 8% of ₹83,95,452, aggregating to ₹11,33,38,597.

Please become a Premium member. If you are already a Premium member, login here to access the full content.