Dharmendra Gaud Vs JMK Holdings Pvt. Ltd
Date: December 26, 2019
Subject Matter
Profiteering established as builder denied the benefit of increased ITC to the buyers
Summary
ITC as a percentage of the turnover that was available to the Respondent during the pre­ GST period from April, 2016 to June, 2017 was 4.76% and during the post-GST period from July, 2017 to December, 2018, it was 7.27%and hence it is established…
1. The present Report dated 25.04.2019 and supplementary Report dated 26.06.2019 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 the Applicant No. 1 had filed an application dated 10.04.2018 before the Harya…