Raju Mittal Vs Shriram Properties Pvt. Ltd
Date: July 19, 2022
Subject Matter
Shriram Properties Pvt. Ltd guilty of profiteering for not passing on the benefit of additional ITC
Summary
It is clear from the plain reading of Section 171(1) that it deals with two situations: ­one relating to the passing on the benefit of reduction in the rate of tax and the second pertaining to the passing on the benefit of the ITC. On the issue o…
1. The present report dated 31.03.2021 has been furnished by the Director General of Anti-Profiteering (DGAP) , under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017 , on the basis of application filed by the Applicant No. 1 alleging profiteering in respect of Construction Service supplied by the Respondent. The Applicant No. 1 alleged that the Respondent had not pass…