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Respondent has profiteered by an amount of Rs.5,30,34,074/- for the period under investigation. Therefore., this Authority under Rule 133 (3) (a) of the CGST Rules, 2017 orders that the Respondent shall reduce/refund the price to be realized from the buyers of the fiats commensurate with the benefit of ITC received by him.

Anti-Profiteering — Respondent denied the benefit of ITC to the buyers of the flats being constructed by him in contravention of the provisions of Section 171 (1) of the CGST Act, 2017 and thus committed an offence as per the provisions of Section 171 (3A) of the above Act, therefore, liable for imposition of penalty under Section 171 (3A) of the CGST Act, 2017. — Santosh Kumari And Others, Director General of Anti-Profiteering, Central Board of Indirect Taxes & Customs Vs. Aster Infrahome Pvt. Ltd [2019] 18 TAXLOK.COM 046 (NAPA)

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