https://www.taxtmi.com/caselaws?id=427308 NAPA dismissed an anti-profiteering application against a flat developer alleging failure to pass on ITC benefits under Section 171(1) of CGST Act, 2017. The Authority found no tax rate reduction in post-GST period and ITC percentage actually decreased from 1.03% (pre-GST) to 0.63% (post-GST), indicating no additional benefit to pass on. Since respondent neither benefited from additional ITC nor experienced tax rate reduction, anti-profiteering provisions were not applicable and the case was dismissed as not maintainable. en-us Wed, 31 Aug 2022 00:00:00 +0530 Mon, 07 Apr 2025 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427308 NAPA dismissed an anti-profiteering application against a flat developer alleging failure to pass on ITC benefits under Section 171(1) of CGST Act, 2017. The Authority found no tax rate reduction in post-GST period and ITC percentage actually decreased from 1.03% (pre-GST) to 0.63% (post-GST), indicating no additional benefit to pass on. Since respondent neither benefited from additional ITC nor experienced tax rate reduction, anti-profiteering provisions were not applicable and the case was dismissed as not maintainable. Case-Laws GST Wed, 31 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427308