Mohit Arora Vs Lodha Developers Limited
Date: October 3, 2019
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Subject Matter
Lodha Developers guilty of profiteering
Summary
Respondents have denied benefit of ITC to the buyers of the flats being constructed by them in their Lodha Eternis Project in contravention of the provision of section 171(1) of the CGST Act, 2017 and have thus resorted to profiteering. Hence, they h…
1. This Report dated 28.11.2018 has 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 vide his application dated 30.05.2018 (Annexure-1 of the Report) submitted to the Maharastra Screening Committee on Anti-profit…