Prestige Estates Projects guilty of not passing ITC benefit to homebuyers/customers

Sh. Deepak Naik Vs Prestige Estates Projects Ltd. (NAA)

Authority funds that the Respondent has gained the benefit of ITC on the supply of Construction Services after the implementation of GST w.e.f 01.07.2017 and the Respondent was required to pass on such benefit of ITC to the homebuyers/customers by way of commensurate reduction in prices in tents of Section 171 of the CGST Act, 2017. However, it is observed that the benefit was not commensurately passed on by the Respondent to his recipients.

The

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