https://www.taxtmi.com/caselaws?id=420886 Section 171(1) of the CGST Act was found inapplicable to project phases that were registered, advertised, allotted and paid for only after GST came into force. The analysis noted that Phase II was launched post-GST, Phase III had not been launched or registered during the relevant period, and environmental clearance was also obtained only after GST implementation. Because there was no pre-GST tax rate or input tax credit base for comparison, and no pre-GST CENVAT credit had been availed for the exempt affordable housing service, no additional input tax credit benefit could be said to have arisen for passing on to homebuyers. The anti-profiteering allegation therefore failed. en-us Tue, 05 Apr 2022 00:00:00 +0530 Wed, 02 Apr 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420886 Section 171(1) of the CGST Act was found inapplicable to project phases that were registered, advertised, allotted and paid for only after GST came into force. The analysis noted that Phase II was launched post-GST, Phase III had not been launched or registered during the relevant period, and environmental clearance was also obtained only after GST implementation. Because there was no pre-GST tax rate or input tax credit base for comparison, and no pre-GST CENVAT credit had been availed for the exempt affordable housing service, no additional input tax credit benefit could be said to have arisen for passing on to homebuyers. The anti-profiteering allegation therefore failed. Case-Laws GST Tue, 05 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420886