Case LawCase No. 43/2020
Varun Goel Vs Eldeco Infrastructure & Properties Ltd
- Court:
- National Anti-Profiteering Authority
- Date:
- August 14, 2020
- Type:
- Anti-Profiteering
- Members:
- B N Sharma, J C Chauhan, Amand Shah
Subject
Eldeco Infrastructure & Properties Ltd guilty of profiteering on the supply of flats. No penalty applicable under 171(3A).
Anti-Profiteering
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…