Susheel Prasad Todi Vs Acme Housing India Pvt Ltd
Date: January 1, 2020
Subject Matter
Profiteering established as the builder has denied benefit of ITC to the buyers of the flats
Summary
The provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as he has profiteered an amount of Rs. 2,10,57,462/- which includes 12% GST on the base profiteered amount of Rs. 1,88,01,305/-. The Respondent has also reali…
1. This Report dated 03.07.2019 has been received from the Applicant No. 2 i.e. the Director General of Anti-Profiteering (DGAP) after detailed investigation under Rule 129 (6) of the Central Goods & Service Tax (CGST) Rules, 2017 . The brief facts of the case are that vide his application dated 18.01.2018 submitted to the Maharastra Screening Committee on Anti-profiteering under Rule 128 (2)…