Delhi GST Appellate Tribunal Upholds Anti-Profiteering Order, Directs Builder to Refund Amount With Interest - SAG Infotech Official Tax Blog

The Goods and Services Tax Appellate Tribunal (GSTAT) at Delhi has upheld anti-profiteering proceedings against Siddha Infradev LLP and directed the builder to refund ₹63.93 lakh, along with 18% interest, to nine eligible homebuyers after finding that it failed to pass on the benefit of additional input tax credit in its Kolkata housing project. A single-member bench of Technical Member Anil Kumar…