CCI Directs DGAP to Investigate ‘Jaypee Greens Kalypso Court’ Units for Profiteering

Shri Vinay Sheel Bansal & Shri Chander Sheel Bansal Vs Jaiprakash Associated Limited (Competition Commission of India)

Introduction: The Competition Commission of India (CCI) recently took up a case against Jaiprakash Associated Limited, concerning its residential project, Jaypee Greens Kalypso Court. The main contention revolves around the alleged non-passing of Input Tax Credit (ITC) benefits to consumers, post the introduction of GST.

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