Lifeways Infrastate guilty of not passing ITC benefit to Customers: NAA

Sh. Ashok Kumar Singh Vs Lifeways Infrastate Pvt. Ltd. (NAA)

The only issue to be examined is as to whether there was any net benefit of ITC with the introduction of GST. The Authority finds that, the ITC, as a percentage of the turnover, that was available to the Respondent during the pre-GST period (April-2016 to June-2017) was 0.31%, whereas, during the post-GST period (July-2017 to September, 2019), it was 0.48%. This confirms that in the post-GST period, the Respondent has been benefited from additional ITC to the tune

Please become a Premium member. If you are already a Premium member, login here to access the full content.