Case LawCase No. 79/2019
Sushil Kumar Jain Vs Sarvpriya Securities Pvt. Ltd
- Court:
- National Anti-Profiteering Authority
- Date:
- December 24, 2019
- Type:
- Anti-Profiteering
- Members:
- B N Sharma, J C Chauhan, Amand Shah
Subject
Profiteering established as the builder denied the benefit of increased ITC to the buyers
Anti-Profiteering
Summary
The ITC as a percentage of the turnover that was available to the Respondent during the pre-­GST period from April, 2016 to June, 2017 was 4.75% and during the post-GST period from July, 2017 to December, 2018, it was 15.40% and hence it is estab…
Judgement
1. The present Report dated 14.06.2019 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 the Applicant No. 1 had filed an application before the Haryana State Screening Committee on Anti-profiteering, under R…