In a recent case, the National Anti-Profiteering Authority held that if the respondent has denied the benefit of ITC to the buyers, then provisions of Section 171 of the CGST Act, 2017 have been contravened by him as he has profiteered an amount and liable to be punished under this Act. The brief facts of […]
The post Denial of Benefit of ITC to Buyers of Flats would amount to Profiteering: NAA [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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