https://www.taxtmi.com/highlights?id=55481 Profiteering - purchase of Flats - allegation that the Respondent had not passed on the benefit of Input Tax Credit (ITC) availed by him by way of commensurate reduction in the price of the fiats - The Respondent has passed on some benefit to his buyers on account of ITC which has been duly confirmed by the DGAP. Therefore, the Respondent is directed to pass on the balance benefit of ITC to the remaining 148 residential flat buyers and to the remaining 9 commercial shop buyers - NAPA en-us Wed, 11 Nov 2020 11:59:12 +0530 Wed, 11 Nov 2020 11:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55481 Profiteering - purchase of Flats - allegation that the Respondent had not passed on the benefit of Input Tax Credit (ITC) availed by him by way of commensurate reduction in the price of the fiats - The Respondent has passed on some benefit to his buyers on account of ITC which has been duly confirmed by the DGAP. Therefore, the Respondent is directed to pass on the balance benefit of ITC to the remaining 148 residential flat buyers and to the remaining 9 commercial shop buyers - NAPA Highlights GST Wed, 11 Nov 2020 11:59:12 +0530 https://www.taxtmi.com/highlights?id=55481