Emaar MGF to refund profiteered amount to 1239 homebuyers: NAA

Rahul Kumar Vs. Emaar MGF Land Ltd. (National Anti-Profiteering Authority) The brief facts of the case are that vide his application dated 07.01.2019 filed before the Standing Committee on Anti-profiteering under Rule 128 (1) of the CGST Rules, 2017, the Applicant No. 1 had alleged profiteering by the Respondent in respect of purchase of Flat No. EFP 24-0501 in ‘Emerald Floors Premier’ project of the Respondent. The above Applicant had also alleged that the Respondent had not passed on the benefit of lnput Tax Credit (ITC) by way of commensurate reduction in the price of the above ...