https://www.taxtmi.com/caselaws?id=788666 In an anti-profiteering matter under Section 171 of the CGST Act, the Tribunal applied a project-wise, area-based computation to hold that the benefit of input tax credit had not been passed on to homebuyers by commensurate price reduction. It relied on the DGAP's reinvestigation and the supplier's prior admissions to conclude that post-GST ITC savings were retained as profiteering. The Tribunal further held that GST collected on the higher price formed part of the additional realisation and was payable to the affected homebuyers along with the quantified profiteered amount. Interest at 18% was also directed from the date of each buyer's last instalment. en-us Mon, 23 Mar 2026 00:00:00 +0530 Thu, 26 Mar 2026 09:05:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788666 In an anti-profiteering matter under Section 171 of the CGST Act, the Tribunal applied a project-wise, area-based computation to hold that the benefit of input tax credit had not been passed on to homebuyers by commensurate price reduction. It relied on the DGAP's reinvestigation and the supplier's prior admissions to conclude that post-GST ITC savings were retained as profiteering. The Tribunal further held that GST collected on the higher price formed part of the additional realisation and was payable to the affected homebuyers along with the quantified profiteered amount. Interest at 18% was also directed from the date of each buyer's last instalment. Case-Laws GST Mon, 23 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788666