Gaurav Gulati Vs Paramount Propbuilt Pvt. Ltd
Date: September 26, 2019
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Subject Matter
Builder guilty of not passing on additional ITC benefit to Customers
Summary
The DGAP has correctly assessed the additional ITC ratio as 2.42% and by applying this ratio to the payments made on or after 01.07.2017, has also correctly computed the profiteered amount as Rs. 3,69,26,963/- as has been mentioned in Annexure-18 of…
1. The present Report dated 02.04.2019 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 the Applicant No. 1 had filed a complaint on 19.06.2018 before the Uttar Pradesh State Screening Committee on Anti-prof…