Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd
Date: January 7, 2020
Subject Matter
Profiteering established as the builder denied the benefit of ITC to the buyers
Summary
The Respondent has benefited from the additional ITC to the extent of 4.52% of the turnover during the period from July, 2017 to December, 2018 and hence the provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as h…
1. The present Report dated 28.06.2019 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 04.09.2018 filed before the Standing Committee on Anti-profiteering under Rule 128 (1) of th…