Developer of "Paramount Emotions" in Greater Noida penalized for not passing tax credit benefits under CGST Act, Section 171. https://www.taxtmi.com/highlights?id=49556 Profiteering - project “Paramount Emotions” situated in GH-05A, Sector 1, Greater Noida - benefit of Input tax credit not passed on - reduction in the price of flat - section 171 of CGST Act, 2017 - assessee has apparently committed an offence u/s 171 (3 A) of the CGST Act, 2017 and therefore, he is liable for imposition of penalty - NAPA en-us Mon, 30 Sep 2019 09:50:36 +0530 Mon, 30 Sep 2019 09:50:36 +0530 TaxTMI RSS Generator Developer of "Paramount Emotions" in Greater Noida penalized for not passing tax credit benefits under CGST Act, Section 171. https://www.taxtmi.com/highlights?id=49556 Profiteering - project “Paramount Emotions” situated in GH-05A, Sector 1, Greater Noida - benefit of Input tax credit not passed on - reduction in the price of flat - section 171 of CGST Act, 2017 - assessee has apparently committed an offence u/s 171 (3 A) of the CGST Act, 2017 and therefore, he is liable for imposition of penalty - NAPA Highlights GST Mon, 30 Sep 2019 09:50:36 +0530 https://www.taxtmi.com/highlights?id=49556