Construction Firm Not Guilty of Profiteering: No Extra ITC or Tax Rate Reduction Post-GST, Says DGAP. Section 171 CGST.

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....Profiteering - Construction of flats / property - The DGAP has reported that the Respondent had neither benefited from additional ITC nor had there been a reduction in the tax rate in the post-GST period and therefore it did not qualify to be a case of profiteering - the instant case does not fall under the ambit of Anti-Profiteering provisions of Section 171 of the CGST Act, 2017. - NAPA....