Nandi Infratech guilty of Profiteering in its Project ‘Amaatra Homes’

Vijay Pal Sing Vs Nandi Infratech Pvt. Ltd. (NAA) The Authority determines an amount or Rs. 7,28,05,691/- (including 12% GST) under section 133(1) as the profiteered amount by the Respondent from his 768 home buyers/shop buyers/customers which shall be refunded by him along with interest @18% thereon, from the date when the above amount was profiteered by him till the date of such payment. per the provisions of Rule 133 (3) (b) of the CGST Rules 2017. This amount profiteered is Rs. 84,757/- (including GST) in respect  of Applicant No. 1. This Authority under Rule 133 (3) (a) of the CGST Rules...