Deepak Kumar Khurana Vs Sattva Developers Pvt Ltd
Date: June 14, 2019
Subject Matter
Sattva Developers guilty of profiteering as they did not pass on the benefit of increased ITC to their buyers
Summary
The Applicant No. 1 had booked Flat No. 0702, Block-F, in the Respondent’s project “Laurel Heights” situated at off Tumkur road, Bangalore and alleged that the Respondent had not passed on the benefit of Input Tax Credit (ITC) by wa…
1. The present report dated 28.02.2019 and subsequent reports dated 03.04.2019. 08.04.2019 and 15.04.2019, have been received from the Applicant No. 2 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 case are that the Applicant No. 1 had booked Flat No. 0702, Block-…