Deepak Garg Vs JKG Construction Pvt. Ltd
Date: September 30, 2022
Subject Matter
JKG Construction Pvt. Ltd guilty of profiteering by denying the benefit of additional ITC to their customers/buyers
Summary
The Respondent has denied the benefit of additional ITC to his customers/buyers/recipients of supply in contravention of the provisions of Section 171(1) of the CGST Act, 2017 and resorted to profiteering and hence, committed an offence under section…
1. The present Report dated 31.08.2021 had been received from the Applicant No. 2 i.e. the Director General of Anti-profiteering (DGAP) after a detailed investigation under Rule 129(6) of the Central Goods & Services Tax (CGST) Rules, 2017 alleging profiteering by the Respondent in respect of the purchase of shops in the Respondent’s project ” JKG Palm Court ” by…