DG Anti Profiteering Vs Pacific Development Corporation Ltd. (GSTAT)
Date: March 19, 2026
Subject Matter
Developer Must Refund Profiteered Amount with 18% Interest for Undue ITC Benefit
Summary
The appeal is allowed , affirming the anti-profiteering finding against the Respondent for not passing on the benefit of increased Input Tax Credit (ITC) to homebuyers. The Tribunal directed the refund of the profiteered amount along with 18% interes…
FULL TEXT OF THE JUDGMENT/ORDER OF GSTAT 1. Directorate General of Anti-Profiteering(hereinafter referred to as DGAP) vide its report dated 27.12.2024 submitted that a reference was received from the Standing Committee on Anti-profiteering to conduct a detailed investigation in respect of the applications filed under Rule 128 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred…