https://www.taxtmi.com/caselaws?id=425804 NAPA determined that two property developers profiteered Rs. 67,18,426 and Rs. 4,59,286 respectively by not passing GST benefits to flat purchasers during July 2017 to December 2019, violating Section 171 of GST Act. First respondent had already passed benefits through credit notes. Second respondent was directed to pass remaining benefit of Rs. 3,61,621 with 18% annual interest from collection date until actual payment to homebuyers as per Rule 133(3)(b) CGST Rules 2017. en-us Tue, 19 Jul 2022 00:00:00 +0530 Sat, 05 Apr 2025 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425804 NAPA determined that two property developers profiteered Rs. 67,18,426 and Rs. 4,59,286 respectively by not passing GST benefits to flat purchasers during July 2017 to December 2019, violating Section 171 of GST Act. First respondent had already passed benefits through credit notes. Second respondent was directed to pass remaining benefit of Rs. 3,61,621 with 18% annual interest from collection date until actual payment to homebuyers as per Rule 133(3)(b) CGST Rules 2017. Case-Laws GST Tue, 19 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425804