Varun Goel Vs Eldeco Infrastructure & Properties Ltd
Date: August 14, 2020
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Judge(s)/Member(s): B N Sharma, J C Chauhan, Amand Shah
Subject Matter
Eldeco Infrastructure & Properties Ltd guilty of profiteering on the supply of flats. No penalty applicable under 171(3A).
Summary
The Director General of Anti-profiteering (DGAP) found Eldeco Infrastructure & Properties to have indulged in profiteering by not passing on the benefits of input tax credit ( ITC ) of Rs 41.82 crore pertaining to the period between July 1, 2018…