https://www.taxtmi.com/caselaws?id=422523 NAPA held that the respondent developer violated section 171 of CGST Act by not passing Input Tax Credit benefits to flat buyers, constituting profiteering of Rs. 85,77,419 during July 2017 to June 2020. The Authority ordered refund of the profiteered amount with 18% interest from the date of profiteering until payment. The respondent's objections regarding natural justice and procedural violations were rejected as adequate opportunities for hearing were provided. The order was passed within prescribed limitation period under CGST Rules 2017. en-us Thu, 12 May 2022 00:00:00 +0530 Thu, 03 Apr 2025 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422523 NAPA held that the respondent developer violated section 171 of CGST Act by not passing Input Tax Credit benefits to flat buyers, constituting profiteering of Rs. 85,77,419 during July 2017 to June 2020. The Authority ordered refund of the profiteered amount with 18% interest from the date of profiteering until payment. The respondent's objections regarding natural justice and procedural violations were rejected as adequate opportunities for hearing were provided. The order was passed within prescribed limitation period under CGST Rules 2017. Case-Laws GST Thu, 12 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422523