TMI BlogProfiteering - Respondent had increased the price of the flat after the introduction of GST - benefit of...Profiteering - Respondent had increased the price of the flat after the introduction of GST - benefit of Input Tax Credit (ITC) not passed on - the Respondent has benefited from the additional benefit of ITC to the extent of 2.23% (6.55%-4.32%) and profiteered an amount of Rs, 5,06,78,069/including the GST from his customers. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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