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Respondent has 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 has thus profiteered an amount of Rs.85,97,436/- as per the explanation attached to Section 171 of the CGST Act, 2017.

Anti-Profiteering — Since, the provisions of Section 171 of the CGST Act, 2017 have been contravened by the respondent as he has failed to pass on the benefit of additional ITC to his customers, he is directed to reduce the prices of his flats commensurate with the benefit of ITC as per the provisions of Rule 133 (3) (a) of the CGST Rules, 2017. — Rohit Singh, Director General of Anti-Profiteering, Central Board of Indirect Taxes & Customs Vs. Friends Land Developers [2019] 18 TAXLOK.COM 068 (NAPA)