https://www.taxtmi.com/caselaws?id=443140 Anti-profiteering under section 171 of the Central Goods and Services Tax Act, 2017 is attracted only where GST implementation results in a reduction in tax rate or an additional benefit of input tax credit. On the material examined, the input tax credit as a percentage of turnover was lower in the post-GST period than in the pre-GST period, and the effective tax rate on construction service did not reduce after GST. The Commission found no additional input tax credit benefit accruing to the respondent, and project-wise accounts and RERA information did not establish profiteering liability. Accordingly, no case of profiteering was made out and section 171 was not invoked. en-us Thu, 14 Sep 2023 00:00:00 +0530 Sat, 19 Apr 2025 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443140 Anti-profiteering under section 171 of the Central Goods and Services Tax Act, 2017 is attracted only where GST implementation results in a reduction in tax rate or an additional benefit of input tax credit. On the material examined, the input tax credit as a percentage of turnover was lower in the post-GST period than in the pre-GST period, and the effective tax rate on construction service did not reduce after GST. The Commission found no additional input tax credit benefit accruing to the respondent, and project-wise accounts and RERA information did not establish profiteering liability. Accordingly, no case of profiteering was made out and section 171 was not invoked. Case-Laws GST Thu, 14 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443140