Sahil Mehta Vs Salarpuria Real Estate Pvt. Ltd
Date: May 28, 2019
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Subject Matter
Benefit of increased ITC must be passed on to home buyers
Summary
Excuses like the challenges and uncertainties associated with the GST regime cannot be used deny home buyers from benefits of a lower tax rate. Very simply, if a developer has benefitted from the introduction of GST in terms of lower rate of tax, the…
1. This Report dated 06.11.2018, has been received from the Applicant No. 2, the Director General of Anti-Profiteering (DGAP), under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017 . The brief facts of the present case are that an application dated 05.04.2018 was filed before the Standing Committee on Anti-profiteering under Rule 128 of the CGST Rules, 2017, by the Applican…