https://www.taxtmi.com/caselaws?id=448469 CCI dismissed profiteering allegations against a real estate developer regarding failure to pass on input tax credit benefits to flat purchasers. The Commission found that since the project commenced post-GST implementation (commencement certificate dated 23.08.2018), there was no pre-GST price history for comparison to establish profiteering. Without pre-GST turnover or ITC data, no additional benefit accrued to the developer that required passing on to buyers. Section 171 of CGST Act 2017 was not applicable as the project began after GST implementation on 01.07.2017. Proceedings were dropped. en-us Tue, 16 Jan 2024 00:00:00 +0530 Wed, 23 Apr 2025 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448469 CCI dismissed profiteering allegations against a real estate developer regarding failure to pass on input tax credit benefits to flat purchasers. The Commission found that since the project commenced post-GST implementation (commencement certificate dated 23.08.2018), there was no pre-GST price history for comparison to establish profiteering. Without pre-GST turnover or ITC data, no additional benefit accrued to the developer that required passing on to buyers. Section 171 of CGST Act 2017 was not applicable as the project began after GST implementation on 01.07.2017. Proceedings were dropped. Case-Laws GST Tue, 16 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448469