https://www.taxtmi.com/caselaws?id=442374 CCI held that Section 171(1) of CGST Act, 2017 was not applicable to respondent's project as no additional ITC benefit accrued during GST period compared to pre-GST period. The respondent was not obligated to pass on any benefit to buyers through price reduction since the project commenced after GST implementation on July 1, 2017. CCI found applicant's profiteering allegations incorrect and dropped the proceedings against the respondent. en-us Tue, 22 Aug 2023 00:00:00 +0530 Fri, 18 Apr 2025 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442374 CCI held that Section 171(1) of CGST Act, 2017 was not applicable to respondent's project as no additional ITC benefit accrued during GST period compared to pre-GST period. The respondent was not obligated to pass on any benefit to buyers through price reduction since the project commenced after GST implementation on July 1, 2017. CCI found applicant's profiteering allegations incorrect and dropped the proceedings against the respondent. Case-Laws GST Tue, 22 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442374