https://www.taxtmi.com/caselaws?id=423685 NAPA dismissed an anti-profiteering application against a developer who allegedly failed to pass on ITC benefits while charging 12% GST on a duplex row house sale. The Authority held that since the project's completion certificate was issued in March 2016, prior to GST implementation, and no GST rate reduction occurred, Section 171(1) anti-profiteering provisions were inapplicable. The developer neither benefited from additional ITC nor faced tax rate reduction in the post-GST period, making profiteering allegations unsustainable. en-us Mon, 06 Jun 2022 00:00:00 +0530 Thu, 03 Apr 2025 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423685 NAPA dismissed an anti-profiteering application against a developer who allegedly failed to pass on ITC benefits while charging 12% GST on a duplex row house sale. The Authority held that since the project's completion certificate was issued in March 2016, prior to GST implementation, and no GST rate reduction occurred, Section 171(1) anti-profiteering provisions were inapplicable. The developer neither benefited from additional ITC nor faced tax rate reduction in the post-GST period, making profiteering allegations unsustainable. Case-Laws GST Mon, 06 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423685