GSTAT Holds Builder Guilty of Profiteering for Failing to Pass Full ITC Benefit to Homebuyers

DG Anti Profiteering Vs Nandi Infratech Pvt. Ltd. (GSTAT) In DG Anti Profiteering Vs Nandi Infratech Pvt. Ltd., the GST Appellate Tribunal (GSTAT) accepted the DGAP report dated 09.01.2025 and held that the Respondent had contravened Section 171 of the CGST Act, 2017 by indulging in profiteering in relation to its real estate project “AMAATRA HOMES.” The proceedings originated from a complaint filed by Shri Vijay Pal Singh before the Uttar Pradesh State Screening Committee on profiteering alleging that the Respondent failed to pass on the benefit of Input Tax Credit (ITC) in respect of fla...