GSTAT Orders Refund to 13 Homebuyers Because ITC Benefit Was Not Fully Passed On

DG Anti Profiteering Vs Nahar Homes LLP (GSTAT) The present proceedings arose from a complaint filed under Rule 128 of the CGST Rules alleging profiteering in respect of construction services supplied in the project “F-Residences.” The complaint stated that the Respondent had not passed on the benefit of Input Tax Credit (ITC) to the buyer of Unit No. A1-801 after introduction of GST w.e.f. 01.07.2017, in terms of Section 171 of the CGST Act. The DGAP initially investigated and submitted a report dated 10.11.2021. However, the matter was remanded for reinvestigation pursuant to directions ...