Hemant Kumar Gupta Vs Dreamhome Infrastructures Pvt. Ltd
Date: May 12, 2022
Subject Matter
Dreamhome Infrastructures guilty of profiteering for denying the benefit of ITC to the buyers of their flats
Summary
The Respondent has denied benefit of ITC to the buyers of his flats in contravention of the provisions of Section 171 (1) of the CGST Act, 2017 and he had thus resorted to profiteering. Hence, he has committed an offence for violation of the provisio…
1 The present Report dated 23.03.2020, had been received from the Applicant no. 2 i.e. the Director General of Anti-Profiteering (DGAP) after a detailed investigation under Rule 129 of the Central Goods & Service Tax (CGST) Rules, 2017. The brief fact of the case was that a reference was received from the Standing Committee on Anti-profiteering to conduct a detailed investigation in respect of…