Tuesday, November 10, 2020

GST: NAA finds Gurukripa Developers & Infrastructures guilty of Profiteering but escaped penalty [Read Order]

NAA- Gurukripa Developers & Infrastructures- profiteering - escaped penalty - GST - TaxscanThe National Anti-Profiteering Authority (NAA) found M/s Gurukripa Developers & Infrastructures guilty of profiteering, but no penalty was imposed. The Applicant alleged that the Respondent, M/s Gurukripa Developers & Infrastructures had not passed on the benefit of additional Input Tax Credit (ITC) to the Applicant as well as other home buyers. The DGAP reported that […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Uch20x

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