Manabendra Nath Basu Vs Paribar Estates Pvt. Ltd
Date: March 2, 2020
Subject Matter
Builder NOT guilty of profiteering as he has not availed benefit of ITC after coming in to force of the GST
Summary
1. Prior to the implementation of the GST w.e.f. 01.07.2017, Service Tax on construction service was chargeable @ 4.50% (vide Notification No, 14/2015-ST dated 19.05.2015 ). however, after implementation of the GST w.e.f. 01.07.2017, GST on construct…
1. This Report dated 30.08.2019 had been received on 04.09.2019 from the Applicant No. 2 i.e. the Director General of Anti-Profiteering (DGAP), under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017. The brief facts of the present case are that an application dated 23.08.2018 was filed before the Standing Committee on Anti-profiteering under Rule 128 (1) of the CGST Rules, 2…