Profiteering - Construction Service supplied by the Respondent - ...
Construction Firm Profiteering: Failed to Pass ITC Benefits, Profited Rs. 20,57,207 Says Anti-Profiteering Authority Report.
July 29, 2022
Case Laws GST NAPA
Profiteering - Construction Service supplied by the Respondent - Respondent had not passed on the benefit of Input Tax Credit (ITC) to him by way of commensurate reduction in the price - Authority finds no reason to differ from the detailed computation of profiteering in the DGAP’s Report or the methodology adopted. The Authority finds that the Respondent has profiteered by an amount of Rs. 20,57,207/- during the period of investigation - NAPA
View Source