NAA held ‘Caroa Properties’ Guilty of Profiteering

Potnoor Naveen Vs Caroa Properties LLP (National Anti-Profiteering Authority)

It is also evident from the perusal of the facts of the present case that the Respondent has denied benefit of ITC to the buyers of the flats and the shops being constructed by him in his Project ‘Godrej City Panvel Phase-I’ in contravention of the provisions of Section 171 (1) of the CGST Act, 2017 and has apparently committed an offence under Section 171 (3A) of the above Act and therefore, he is apparently liable for imposition of pe

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