Profiteering under GST: finding requires passing proportionate input tax credit benefit to buyer with interest and compliance reporting.

Profiteering under GST: finding requires passing proportionate input tax credit benefit to buyer with interest and compliance reporting.Case-LawsGSTProfiteering under the GST framework was found arising from failure to pass on input tax credit; the invest

Profiteering under GST: finding requires passing proportionate input tax credit benefit to buyer with interest and compliance reporting.
Case-Laws
GST
Profiteering under the GST framework was found arising from failure to pass on input tax credit; the investigative report's computations were accepted as conclusive and used to quantify profiteering and a proportional adjustment for completed work, resulting in a specified amount payable to the applicant. The respondent is directed to pay

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