Ram Prakash Sharma Vs Ramprastha Promoter & Developer Pvt. Ltd
Date: August 5, 2022
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Judge(s)/Member(s): Amand Shah, Hitesh Shah, P K Singh
Subject Matter
Ramprastha Promoter & Developer Pvt. Ltd guilty of profiteering for not passing additional ITC benefit to the buyers
Summary
The ITC as a percentage of the turnover that was available to the Respondent during the pre-GST period (April-2016 to June-2017) was 5.23% and during the post-GST period (July-2017 to September-2019), it was 13.15%. This confirms that, post-GST, the…