Mool Chand Mittal Vs Elan Ltd
Date: December 11, 2020
Subject Matter
Elan Ltd guilty of profiteering for not passing on the benefit of additional ITC to the buyers
Summary
The Respondent has benefited from the additional ITC to the extent of 5.91% of the turnover during the period from July, 2017 to June, 2019. It is also apparent from the above that the provisions of Section 171 of the CGST Act, 2017 have been contrav…
1. The present Report dated 23.03.2020 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 an application was filed under Rule 128 of the Central Goods and Services Tax Rules, 2017 by the Applicant No. 1, allegi…