Case Law Details
In re Smt. Sudha Vs Diya Greencity Pvt. Ltd. (NAA)
Introduction: The Competition Commission of India (CCI) has directed a fresh investigation into the “Diya Greencity” project of Diya Greencity Pvt. Ltd. following a detailed report received from the Director-General of Anti-Profiteering (DGAP). The investigation stems from a complaint filed under Rule 128 of the Central Goods & Service Tax (CGST) Rules, 2017, by an aggrieved homebuyer, alleging non-passage of Input Tax Credit (ITC) benefits post the introduction of GST in 2017.
Background: The complainant, Smt. Sudha, had asserted that Diya Greencity Pvt. Ltd. failed to reduce flat prices in the “Diya Greencity” project, located at Raj Nagar Extension, Meerut Road, Ghaziabad, in proportion to the benefit of ITC accrued after the implementation of GST on July 1, 2017.
DGAP Investigation Findings: The DGAP’s report, dated April 20, 2023, outlined key points from its investigation:
1. The investigation period covered July 1, 2017, to October 31, 2022.
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