Interest at 18% Mandatory on Unpassed GST Benefits from Date of Collection: GSTAT

DG Anti Profiteering Vs Pacific Development Corporation Ltd. (GSTAT) The case arose from a report dated 27.12.2024 submitted by the Directorate General of Anti-Profiteering (DGAP) following complaints alleging that the Respondent charged GST at a higher rate of 12% instead of 1% in respect of its project “PDCL-Golf Estate.” The applications were referred by the Standing Committee on Anti-Profiteering for detailed investigation under Rule 129 of the CGST Rules, 2017. The DGAP conducted an investigation for the period from 01.07.2017 to 31.05.2020 and submitted an earlier report. However, pu...