Email Denials by Flat Buyers Cannot Override Financial Records in GST Profiteering Case: GSTAT

DG Anti Profiteering Vs Vasavi And GP Infra LLP (GSTAT) The Goods and Services Tax Appellate Tribunal (GSTAT) examined allegations of profiteering against a real estate developer in relation to its residential project “Vasavi GP Trends” in Telangana. The proceedings originated from complaints filed under Rule 128 of the CGST Rules, 2017, alleging that the developer failed to pass on the benefit of additional Input Tax Credit (ITC) available after implementation of GST from 01.07.2017. The Directorate General of Anti-Profiteering (DGAP) initially investigated the matter and submitted a repo...