This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Shriram Properties Guilty of not passing ITC benefit to Its Customers: NAA
Case Law Details
- Case Name
- Raju Mittal Vs Shriram Properties Pvt. Ltd (NAA)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Raju Mittal Vs Shriram Properties Pvt. Ltd (NAA)
The Applicant No. 1 alleged that the Respondent had not passed on the benefit of Input Tax Credit (ITC) to him by way of commensurate reduction in the price of the Unit No. 03-401 purchased from the Respondent in the project Shriram Summit, situated at Golahalli Electronic City, Bangalore on introduction of GST w.e.f. 01.07.2017, in terms of Section 171 of the CGST Act, 2017.
The Authority finds that the Respondent has profiteered by an amount of Rs. 20,57,207/- during the period of investigation i.e. 01.07.2017 to 30.04.2020. The Authority dete...
