Shubham Saxena Vs New World Realty LLP
Date: August 22, 2022
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Judge(s)/Member(s): Hitesh Shah, Amand Shah, P K Singh
Subject Matter
New World Realty LLP profiteered by not passing on the benefit of additional ITC available to their buyers
Summary
We have no reason to differ with the DGAP findings that in the instant project “Tinsel Town” the additional benefit which accrued to the Respondent in terms of Section 171 of the CGST Act. 2017 was 6.52% of the turnover. This benefit was…