https://www.taxtmi.com/caselaws?id=398041 The Respondent was found to have violated Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to the home buyers post-GST implementation. The Directorate General of Anti-Profiteering (DGAP) determined profiteered amounts for two projects, ordering their return to eligible recipients with interest. The Respondent was directed to reduce prices accordingly and comply with the Act. Failure to pass on the ITC benefit led to profiteering, emphasizing the importance of consumer benefit compliance under the CGST Act. en-us Mon, 31 Aug 2020 00:00:00 +0530 Wed, 19 Mar 2025 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398041 The Respondent was found to have violated Section 171 of the CGST Act, 2017 by not passing on the benefit of Input Tax Credit (ITC) to the home buyers post-GST implementation. The Directorate General of Anti-Profiteering (DGAP) determined profiteered amounts for two projects, ordering their return to eligible recipients with interest. The Respondent was directed to reduce prices accordingly and comply with the Act. Failure to pass on the ITC benefit led to profiteering, emphasizing the importance of consumer benefit compliance under the CGST Act. Case-Laws GST Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398041