https://www.taxtmi.com/caselaws?id=757384 The CCI dismissed profiteering allegations against a real estate developer regarding GST benefits. The respondent's project commenced post-GST implementation in 2018, with no pre-GST sales or bookings. When given the option to charge 1% GST without ITC or 8% with ITC from April 2019, the respondent continued charging 8% with ITC. The CCI found no reduction in GST rate or additional ITC benefit accrued compared to pre-GST period, hence no obligation to pass benefits to buyers. Section 171(1) of CGST Act 2017 was not attracted, and proceedings were dropped. en-us Tue, 20 Aug 2024 00:00:00 +0530 Wed, 07 May 2025 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757384 The CCI dismissed profiteering allegations against a real estate developer regarding GST benefits. The respondent's project commenced post-GST implementation in 2018, with no pre-GST sales or bookings. When given the option to charge 1% GST without ITC or 8% with ITC from April 2019, the respondent continued charging 8% with ITC. The CCI found no reduction in GST rate or additional ITC benefit accrued compared to pre-GST period, hence no obligation to pass benefits to buyers. Section 171(1) of CGST Act 2017 was not attracted, and proceedings were dropped. Case-Laws GST Tue, 20 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757384