Abhishek Vs Signature Global Developers Pvt. Ltd
Date: November 21, 2019
Subject Matter
Developer guilty of profiteering as additionally available ITC post GST was not passed on.
Summary
The petitioner had purchase a flat in the Respondent’s project "Synera", situated at Gurugram, Haryana and alleged that the Respondent had not passed on the benefit of Input Tax Credit (ITC) to him by way of commensurate reduction in…
1. The present Report dated 21.05.2019 and the subsequent Report dated 12.07.2019 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 filed an application dated 29.09.2018 before the Sta…