Units Sold After Occupancy Certificate cannot be included in GST Profiteering Probe

DGAP Vs Pan Realtors Pvt. Ltd (GSTAT) The proceedings arose from an investigation initiated under Section 171 of the Central Goods and Services Tax Act, 2017, following a complaint alleging that the benefit of input tax credit (ITC) was not passed on through commensurate reduction in prices in a real estate project. The Standing Committee on Anti-Profiteering examined the complaint and referred the matter for investigation. An initial investigation report was submitted to the erstwhile National Anti-Profiteering Authority (NAA), which subsequently ordered re-investigation. After re-investigati...