Profiteering in construction services for failure to pass input tax credit resulted in repayment exceeding the commensurate benefit and closure of proceedings.

Profiteering in construction services for failure to pass input tax credit resulted in repayment exceeding the commensurate benefit and closure of proceedings.Case-LawsGSTProfiteering in construction services was found due to failure to pass on input tax

Profiteering in construction services for failure to pass input tax credit resulted in repayment exceeding the commensurate benefit and closure of proceedings.
Case-Laws
GST
Profiteering in construction services was found due to failure to pass on input tax credit, quantified at Rs. 1,37,672, but the respondent subsequently discharged the statutory obligation under Section 171 of the CGST Act, 2017 by passing Rs. 1,40,732 to the applicant, an amount exceeding the commensurate benefit; t

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