https://www.taxtmi.com/caselaws?id=396300 The Respondent was found to have profiteered an amount of Rs. 4,83,04,691/- by not passing on the benefit of Input Tax Credit (ITC) to homebuyers in a real estate project. The Respondent was directed to return the profiteered amount along with interest to eligible recipients. Additionally, a penalty was imposed under Section 171 (3A) of the Central Goods and Services Tax (CGST) Act, 2017 for contravening the provisions of Section 171. The Respondent was ordered to comply with the directives within a specified timeframe, with monitoring by the Commissioners of CGST/SGST Haryana. en-us Fri, 26 Jun 2020 00:00:00 +0530 Tue, 18 Mar 2025 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396300 The Respondent was found to have profiteered an amount of Rs. 4,83,04,691/- by not passing on the benefit of Input Tax Credit (ITC) to homebuyers in a real estate project. The Respondent was directed to return the profiteered amount along with interest to eligible recipients. Additionally, a penalty was imposed under Section 171 (3A) of the Central Goods and Services Tax (CGST) Act, 2017 for contravening the provisions of Section 171. The Respondent was ordered to comply with the directives within a specified timeframe, with monitoring by the Commissioners of CGST/SGST Haryana. Case-Laws GST Fri, 26 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396300