Director General of Anti-Profiteering Vs Puma Realtors Pvt. Ltd
Date: July 9, 2023
Subject Matter
NCLT order extinguishes all liabilities, including the liability of passing on the benefit of ITC to the recipients
Summary
The ruling states that the Commission has considered the DGAP's report and the Respondent's submissions. The Commission holds that the claim of not passing on the benefit of Input Tax Credit (ITC) to recipients under Section 171 of the CGST A…
FULL TEXT OF THE ORDER OF COMPETITION COMMISSION OF INDIA The present Report dated 31.01.2023, has been received by the Competition Commission of India (hereinafter referred to as the “Commission”) from the Director General of Anti-Profiteering (herein after referred to as the “DGAP”) after a detailed investigation as per the directions given under Rule 13…