https://www.taxtmi.com/caselaws?id=795221 For real-estate anti-profiteering, project completion is determined by actual issuance of the occupancy certificate, not the application date, and computation of post-GST input tax credit benefit ends on that date because post-certificate sales are outside taxable supply. The revised credit-ratio methodology for a project continuing after GST was treated as sustainable, requiring the additional credit benefit to be passed to purchasers. Where transaction and contact records identify homebuyers, the profiteered amount must be refunded to them individually with 18% annual interest; deposit to the consumer welfare fund is confined to genuinely unidentifiable recipients. Penalty under Section 171(3A) cannot apply retrospectively to a period before its effective date. en-us Fri, 17 Jul 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795221 For real-estate anti-profiteering, project completion is determined by actual issuance of the occupancy certificate, not the application date, and computation of post-GST input tax credit benefit ends on that date because post-certificate sales are outside taxable supply. The revised credit-ratio methodology for a project continuing after GST was treated as sustainable, requiring the additional credit benefit to be passed to purchasers. Where transaction and contact records identify homebuyers, the profiteered amount must be refunded to them individually with 18% annual interest; deposit to the consumer welfare fund is confined to genuinely unidentifiable recipients. Penalty under Section 171(3A) cannot apply retrospectively to a period before its effective date. Case-Laws GST Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795221