GST profiteering: NAA asks Pyramid Infratech to refund Rs 8.22 cr to home buyers

In a big relief to the home buyers, the National Anti-Profiteering Authority (NAA) has ordered Gurugram-based Pyramid Infratech to refund over Rs 8.22 crore to 2,476 flat owners as it had failed to pass on the benefit of GST reduction to them. The order was passed Tuesday on a complaint of profiteering filed by 109 home buyers of two affordable housing projects of  Pyramid…