Builder Accepts DGAP Report, Liable for ₹17.75 Lakh Profiteering Due to ITC Benefit Issue

DG Anti Profiteering Vs Duville Estates Pvt. Ltd. (GSTAT) The case relates to proceedings under the anti-profiteering provisions of the CGST Act, 2017 concerning whether a developer passed on Input Tax Credit (ITC) benefits to homebuyers. During the hearing, the Directorate General of Anti-Profiteering (DGAP) informed the Tribunal that efforts were made to verify the receipt of ITC benefits by 109 homebuyers. Out of these, only 34 homebuyers confirmed receipt of benefits amounting to ₹4,99,539. Two homebuyers had already sold their properties, while 40 did not respond despite repeated attemp...