https://www.taxtmi.com/caselaws?id=420886 NAPA dismissed profiteering allegations against a real estate developer regarding failure to pass on input tax credit benefits to homebuyers during July 2017-September 2020. The Authority found the construction project commenced post-GST implementation (July 2017) with no pre-GST rates for comparison. Environmental clearance was obtained in May 2019, and flat allotments occurred after GST introduction. Since no pre-GST baseline existed to determine benefit pass-through requirements, no violation of Section 171(1) CGST Act 2017 occurred. The Authority also addressed time limitation concerns, noting proceedings were delayed due to lack of quorum but remained within prescribed limits under Rule 133(1) CGST Rules 2017. 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 NAPA dismissed profiteering allegations against a real estate developer regarding failure to pass on input tax credit benefits to homebuyers during July 2017-September 2020. The Authority found the construction project commenced post-GST implementation (July 2017) with no pre-GST rates for comparison. Environmental clearance was obtained in May 2019, and flat allotments occurred after GST introduction. Since no pre-GST baseline existed to determine benefit pass-through requirements, no violation of Section 171(1) CGST Act 2017 occurred. The Authority also addressed time limitation concerns, noting proceedings were delayed due to lack of quorum but remained within prescribed limits under Rule 133(1) CGST Rules 2017. Case-Laws GST Tue, 05 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420886