https://www.taxtmi.com/caselaws?id=764712 The HC held the methodology for determining GST-related profiteering in real estate must compute total input tax savings per project and divide by total area to derive a per-square-foot benefit to be passed equally to buyers. The court agreed with the view that input tax credit accruals do not correlate with amounts collected during project lifecycles. The impugned NAA orders were quashed and set aside, and the matter remitted for the Competition Commission to pass appropriate orders in accordance with law. en-us Wed, 18 Dec 2024 00:00:00 +0530 Thu, 30 Oct 2025 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764712 The HC held the methodology for determining GST-related profiteering in real estate must compute total input tax savings per project and divide by total area to derive a per-square-foot benefit to be passed equally to buyers. The court agreed with the view that input tax credit accruals do not correlate with amounts collected during project lifecycles. The impugned NAA orders were quashed and set aside, and the matter remitted for the Competition Commission to pass appropriate orders in accordance with law. Case-Laws GST Wed, 18 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764712