Real Estate Developer Violates CGST Act by Not Passing Input Tax Credit Benefit; Guilty but No Penalty Imposed.

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....Profiteering - purchase of flat - allegation proved that the Respondent had not passed on the benefit of Input Tax Credit by way of commensurate reduction of price - contravention of provisions of Section 171 (1) of the CGST Act, 2017 - No penalty - NAPA....