Monday, March 2, 2020

Ratio of ITC to Turnover in post- GST period was lower than pre-GST period: NAA holds Builder Supertech Limited not Guilty of Profiteering

The National Anti-Profiteering Authority (NAA) held that Supertech limited not guilty of profiteering ratio of Input Tax Credit to turnover in a post- GST period was lower than the pre-GST period The brief facts of the present case are that the Applicant No. 1 had filed an application before the Standing Committee on Anti-Profiteering under […]

The post Ratio of ITC to Turnover in post- GST period was lower than pre-GST period: NAA holds Builder Supertech Limited not Guilty of Profiteering appeared first on Taxscan | Simplifying Tax Laws.



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