Tuesday, November 10, 2020

GST: Pivotal Infrastructure guilty for not passing ITC benefit to Flat Buyers, says NAA [Read Order]

GST - Pivotal Infrastructure - ITC benefit - Flat Buyers - NAA - TaxscanThe National Anti-Profiteering Authority (NAA) imposed 18% interest on Pivotal Infrastructure for not passing ITC benefit to Flat Buyers. The Applicant had alleged profiteering by the Respondent, Pivotal Infrastructure in respect of the purchase of Flats in his ‘Paradise’ project located in Gurgaon. The Applicants had also alleged that the Respondent had not passed on […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2IcM4D9

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