https://www.taxtmi.com/caselaws?id=442220 The CCI examined allegations of profiteering against a developer regarding two construction projects under GST anti-profiteering provisions. For the commercial project Anandam Square, the Commission found that Input Tax Credit as percentage of turnover decreased from 4.17% pre-GST to 3.89% post-GST, confirming no additional ITC benefit was obtained. Since the respondent did not profiteer through additional ITC, no benefit needed to be passed to buyers. The case fell outside Section 171 CGST Act anti-profiteering provisions, and proceedings were dropped. en-us Tue, 22 Aug 2023 00:00:00 +0530 Fri, 18 Apr 2025 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442220 The CCI examined allegations of profiteering against a developer regarding two construction projects under GST anti-profiteering provisions. For the commercial project Anandam Square, the Commission found that Input Tax Credit as percentage of turnover decreased from 4.17% pre-GST to 3.89% post-GST, confirming no additional ITC benefit was obtained. Since the respondent did not profiteer through additional ITC, no benefit needed to be passed to buyers. The case fell outside Section 171 CGST Act anti-profiteering provisions, and proceedings were dropped. Case-Laws GST Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442220