Sandeep Bansal & Ors. vs. Ireo Grace Realtech Pvt. Ltd
Date: November 23, 2023
Subject Matter
DGAP to verify claim of Ireo Grace Realtech of passing on the benefit of ITC
Summary
The case law involves a contention by the respondent that they have passed on the benefit of Input Tax Credit (ITC) to their customers in compliance with Section 171 of the CGST Act, 2017 by issuing credit notes and informing the customers via emails…
FULL TEXT OF ORDER OF COMPETITION COMMISSION OF INDIA 1. The present Report dated 12.02.2020 has been received from the Director General of Anti-Profiteering (DGAP) after detailed re-investigation under Rule 129 (6) of the Central Goods & Service Tax (CGST) Rules, 2017 pursuant to Interim Order No 14/2019 dated 21.10.2019 passed by the erstwhile National Anti-Profiteering Authority (NAA) under…