Works Contract for construction of Flats, Complex — Builders to pass on GST benefit to buyer otherwise anti-profiteering provisions of Section 171 of GST Act to apply

Passing on GST benefit required to reduce prices; charging higher post-GST instalments may attract anti-profiteering action.

Builders must pass on the GST-related reduction in tax burden to buyers by reducing prices or instalments and must not charge higher tax on instalments payable after GST implementation; withholding such benefit or charging higher post-GST rates may be treated as anti-profiteering under Section 171 of the GST law.