Mahendra Kishanlal Prajapati Vs Vishwanath Builders
Date: August 26, 2022
Court: National Anti-Profiteering Authority
Type: Anti-Profiteering
Judge(s)/Member(s): Hitesh Shah, Amand Shah, P K Singh
Subject Matter
Vishwanath Builders guilty of profiteering for denying the benefit of additional ITC to their homebuyers
Summary
The Respondent has denied the benefit of ITC to the homebuyers/customers/recipients in contravention of the provisions of Section 171 (1) of the CGST Act, 2017. The Authority holds that the Respondent has Committed an offence by violating the provisions of Section 171 (1) during the period from 01.07.2017 to 30.06.2020. and therefore, he is liable for imposition of penalty under the provisions of Section 171 (3A) of the above Act