Benefit of Additional ITC Available after Introduction of GST on ‘Construction Service’ Not Passed to the Purchaser: NAA finds Service Provider Guilty of Profiteering [Read Order]

By Taxscan Team - On June 10, 2022 1:19 pm - 2 mins read
Additional ITC - GST - Construction Service - NAA - Anti-Profiteering - Taxscan

The National Anti-Profiteering Authority (NAA), has found M/s JMD Limited guilty of profiteering since the benefit of additional ITC available after the introduction of GST on construction service was not passed to the purchaser. The applicant purchased a flat in the respondentā€™s project ā€˜JMD Imperial Suitsā€™. An application was filed against the respondent M/s JMD…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
Ā  ā‚¹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader