No Anti-Profiteering if no pre-GST tax rate or ITC availability: NAA

Sh. Ashish Jain through Sh. Rachit Jain Vs GLS Infraprojects Pvt. Ltd. (NAA) In the present case the draw of lots, allotment of units and receipt of payments had taken place in the post-GST era. The draw of lots for allotment of houses was conducted on 08.08.2017 in the presence of the committee constituted under the Affordable Housing Policy, 2013. It is also revealed that an agreement was executed between the above Applicant No. 1 and 2 & the Respondent in which terms and conditions for allotment of the flat were settled only after the draw of flats on 08.08.2017 i.e post GST period. It ...