https://www.taxtmi.com/caselaws?id=302450 The Authority directed further investigation in a case involving alleged non-passing of Input Tax Credit benefits post-GST implementation. The Respondent was found to have profiteered by not reducing the pre-GST basic price by 2.71% and charging GST on the pre-GST price, resulting in a profiteered amount of Rs. 3,93,85,763/-. The Authority instructed re-investigation treating multiple projects separately and re-examining the inclusion of VAT ITC in the profiteering computation. The Respondent was directed to cooperate fully by providing necessary documents, and the DGAP was given two months to submit a fresh report. en-us Fri, 03 Jan 2020 00:00:00 +0530 Sat, 15 Mar 2025 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302450 The Authority directed further investigation in a case involving alleged non-passing of Input Tax Credit benefits post-GST implementation. The Respondent was found to have profiteered by not reducing the pre-GST basic price by 2.71% and charging GST on the pre-GST price, resulting in a profiteered amount of Rs. 3,93,85,763/-. The Authority instructed re-investigation treating multiple projects separately and re-examining the inclusion of VAT ITC in the profiteering computation. The Respondent was directed to cooperate fully by providing necessary documents, and the DGAP was given two months to submit a fresh report. Case-Laws GST Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302450