Builder Liable for Profiteering for Not Passing GST Credit Benefits to Homebuyers: GSTAT

DG Anti Profiteering Vs Ahmedabad East Infrastructure LLP (GSTAT) The proceedings under Section 171 of the Central Goods and Services Tax Act, 2017 were initiated based on a complaint alleging that the developer failed to pass on the benefit of Input Tax Credit (ITC) through a commensurate reduction in prices of a residential unit after the introduction of GST. The Standing Committee on Anti-Profiteering referred the matter to the Directorate General of Anti-Profiteering (DGAP) for investigation. The DGAP conducted an investigation for the period from 01.07.2017 to 31.05.2025. It was found tha...