Ratish Nair Vs Man Realty Ltd
Date: November 5, 2019
Subject Matter
Discount cannot be considered as passing on of the benefit of additional ITC if it has been given to set off the prices which had already been increased
Summary
1. The provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as he has profiteered an amount of Rs. 1,27,84,694/-inclusive of GST @ 12% on the base profiteered amount of Rs.1,14,14,905/-. Further, the Respondent has…
The present Report dated 03.04.2019 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 18.07.2018 filed before the Maharashtra State Screening Committee on Anti-profiteering under Ru…