Wednesday, October 30, 2019

GST: Builder Nani Resorts held Guilty of Profiteering for not passing ITC Benefit

The National Anti-Profiteering Authority ( NAA ) in the matter of Sh Sandeep Kumar v M/s Nani Resorts held the respondents guilty of profiteering and hence a refund of the profiteered amount. The profiteering has been alleged in respect of the purchase of a flat in Nani Resorts’ Project wherein the benefit of input tax […]

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