2020 (12) TMI 891

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....EMBER, SH. AMAND SHAH, TECHNICAL MEMBER Present:- 1. None for the Applicants. 2. Sh. Santosh Dhoka, Partner, for the Respondent. ORDER 1. The brief facts of the present case are that the Applicant No. 2 (here-in-after referred to as the DGAP) vide his Report dated 07.06.2019, furnished to this Authority under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017, had s....

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....w cause why the Report furnished by the DGAP should not be accepted and his liability for violation of the provisions of Section 171 (1) should not be fixed. After hearing both the parties at length this Authority vide its Order No. 61/2019 dated 26.11.2019 = 2019 (11) TMI 1311 - NATIONAL ANTI-PROFITEERING AUTHORITY had determined the profiteered amount as Rs. 5,83,593/- as per the provisions of S....

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....s submissions dated 17.08.2020 has stated that he had returned the amount with interest to all the concerned customers as per Para No. 18 of the order and that he had submitted all the bank statements and confirmation letters from the concerned customers. Further the Respondent stated that it was his first project under the GST and he had very less knowledge about the GST and he has requested to w....

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....ively, who are the other beneficiaries of the benefit of ITC. 7. We have carefully considered the submissions of the Respondent and all the material placed before us and it has been revealed that the Respondent had not passed on the benefit of additional Input tax Credit (ITC) to the above Applicant No. 1 as well as other homebuyers who had purchased them in his Project "Navkar Darshan for the ....