Builder denyied ITC benefit to buyers post-GST implementation: NAA

Sushil Kumar Jain Vs Sarvpriya Securities Pvt. Ltd. (National Anti-Profiteering Authority)

Based on the above facts it is clear that the ITC as a percentage of the turnover that was available to the Respondent during the pre-­GST period from April, 2016 to June, 2017 was 4.75% and during the post-GST period from July, 2017 to December, 2018, it was 15.40% as per Table B supra and hence it is established that the Respondent has benefited from the additional ITC to the extent of 10.65% [15.40% (-) 4.75%] of the turnover. Since, the above computations mad

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