Rahul Kumar Agrawal Vs Shrivision Homes Pvt. Ltd
Date: May 22, 2019
Subject Matter
Anti-profiteering provisions cannot be invoked when there is neither a reduction in the rate of tax nor there is an increased additional benefit on account of ITC
Summary
It is clear from the plain reading of Section 171 (1) that it deals with two situations one relating to the passing on the benefit of reduction in the rate of tax and the second pertaining to the passing on the benefit of the ITC. On the issue of red…
1. The present Report dated 23.02 2019. has been received from the Applicant No. 5 i.e. the Director General of Anti-Profiteering (DGAP) after detailed investigation under Rule 129 (6) of the Central Goods & Service Tax (CGST) Rules, 2017. The brief facts of the present case are that the Karnataka State Screening Committee on Anti-profiteering, vide the minutes of its meeting held on 29.06.201…