Suncity Projects not passed ITC credit to homebuyers: NAA

Jotbir Singh Bhalla Vs Suncity Projects Pvt. Ltd. (NAA) The brief facts of the case are that the DGAP had received a reference from the Standing Committee on Anti-Profiteering on 28.06.2019 to conduct a detailed investigation in respect of a complaint filed by Applicant No. 1 before the Standing Committee on Anti-profiteering, stating therein that he had purchased a flat in the project ‘Suncity Avenue-102’, Sector-102, Gurgaon, Haryana from the Respondent, and that the Respondent had not passed on the benefit of input tax credit to him by way of commensurate reduction in price in ...