https://www.taxtmi.com/caselaws?id=791811 Section 171 of the CGST Act was applied to a real estate anti-profiteering reassessment after remand, with the DGAP recalculating the input tax credit-to-purchase value ratio for the relevant pre-GST and post-GST periods and examining project-wise sales to determine the benefit still due to eligible pre-GST home-buyers. The respondent accepted the revised DGAP report, and the Tribunal accepted that assessment of profiteering and the associated liability. The grievance concerning interest on refunded amounts after cancellation of allotment was treated as outside the scope of section 171. The respondent was held liable to pay interest on the profiteered amount at 18% from the date of collection until refund. en-us Tue, 12 May 2026 00:00:00 +0530 Fri, 05 Jun 2026 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791811 Section 171 of the CGST Act was applied to a real estate anti-profiteering reassessment after remand, with the DGAP recalculating the input tax credit-to-purchase value ratio for the relevant pre-GST and post-GST periods and examining project-wise sales to determine the benefit still due to eligible pre-GST home-buyers. The respondent accepted the revised DGAP report, and the Tribunal accepted that assessment of profiteering and the associated liability. The grievance concerning interest on refunded amounts after cancellation of allotment was treated as outside the scope of section 171. The respondent was held liable to pay interest on the profiteered amount at 18% from the date of collection until refund. Case-Laws GST Tue, 12 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791811