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2019 (7) TMI 1283 - HC - GSTProfiteering - passing on the benefit of the profited amount to the land owner who will in turn pass on such benefit along with interest to the buyers - part project completed and few units sold - case of petitioner is that in any event the Petitioner’s liability cannot be more than the flats actually sold - HELD THAT:- The Court directs that subject to the Petitioners depositing a sum of ₹ 40 lacs in equal halves (₹ 20 lacs to the CGST fund and ₹ 20 lacs to the SGST fund) on or before 31st August 2019, there shall be a stay of the impugned order of the NAPA dated 14th June 2019. As far as the penalty proceedings are concerned, they will continue and any orders passed therein will be subject to the outcome of the present petitions.
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