<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Developer Violated Section 171 CGST Act by Not Reducing Flat Prices, Failing to Pass ITC Benefits to Buyers.</title>
    <link>https://www.taxtmi.com/highlights?id=55636</link>
    <description>Profiteering - purchase of flat - the Respondent has not reduced the basic price of his flats by 0.14% in case of the above Project due to additional benefit of ITC resulting in contravention of the provisions of Section 171 of the CGST Act, 2017. It is also evident that the amount of benefit of ITC which has not been passed on by the Respondent - Directions issued - NAPA</description>
    <language>en-us</language>
    <pubDate>Wed, 25 Nov 2020 10:45:07 +0530</pubDate>
    <lastBuildDate>Wed, 25 Nov 2020 10:45:07 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=628576" rel="self" type="application/rss+xml"/>
    <item>
      <title>Developer Violated Section 171 CGST Act by Not Reducing Flat Prices, Failing to Pass ITC Benefits to Buyers.</title>
      <link>https://www.taxtmi.com/highlights?id=55636</link>
      <description>Profiteering - purchase of flat - the Respondent has not reduced the basic price of his flats by 0.14% in case of the above Project due to additional benefit of ITC resulting in contravention of the provisions of Section 171 of the CGST Act, 2017. It is also evident that the amount of benefit of ITC which has not been passed on by the Respondent - Directions issued - NAPA</description>
      <category>Highlights</category>
      <law>GST</law>
      <pubDate>Wed, 25 Nov 2020 10:45:07 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=55636</guid>
    </item>
  </channel>
</rss>