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GST - Highlights / Catch Notes

Home Highlights November 2020 Year 2020 This

Profiteering - purchase of flat - the Respondent has not reduced ...

GST

November 25, 2020

Profiteering - purchase of flat - the Respondent has not reduced the basic price of his flats by 0.14% in case of the above Project due to additional benefit of ITC resulting in contravention of the provisions of Section 171 of the CGST Act, 2017. It is also evident that the amount of benefit of ITC which has not been passed on by the Respondent - Directions issued - NAPA

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