https://www.taxtmi.com/caselaws?id=302362 The Authority found that the Respondent contravened Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to home buyers. The profiteered amount was determined to be Rs. 1,95,86,429/-. The Respondent claimed to have passed on the benefit through credit notes, but the verification revealed it was insufficient. The DGAP was directed to further investigate the ITC benefit passed on and examine other projects of the Respondent for additional ITC benefits. en-us Thu, 02 Jan 2020 00:00:00 +0530 Sat, 15 Mar 2025 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302362 The Authority found that the Respondent contravened Section 171 of the CGST Act, 2017 by not passing on the additional Input Tax Credit (ITC) benefit to home buyers. The profiteered amount was determined to be Rs. 1,95,86,429/-. The Respondent claimed to have passed on the benefit through credit notes, but the verification revealed it was insufficient. The DGAP was directed to further investigate the ITC benefit passed on and examine other projects of the Respondent for additional ITC benefits. Case-Laws GST Thu, 02 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302362