NCLAT: IRP Has Authority to Take Possession of Assets Owned by Corporate Debtor  ||  NCLAT: NCLT Can Direct Forwarding a Copy of its Order to Relevant Statutory Authorities  ||  Delhi HC: Centre to Expedite Process of Accessibility Features in OTT platforms for PwDs  ||  Delhi HC: Once Worker Provides Testimony Under Oath ‘Burden of Proof’ Shifts on Employer  ||  SC: There Cannot be Discrimination in Matter of Payment of Pension to Retired Judges  ||  SC: India is Not a Dharamshala that Can Entertain Foreign Nationals from All Over  ||  SC: Can Quash Domestic Violence Act Complaints Under Section 482 of CrPC  ||  Supreme Court: Can’t Use Statement of One Accused against Another  ||  SC: Inclusion of Name in Draft NRC Cannot Annul Foreigners Tribunal’s Declaration as Non-Citizen  ||  Supreme Court: Minimum Practice of 3 Years Mandatory to Enter Judicial Service    

NAA: Refusal of Benefit of ITC to Buyers of Flats would Amount to Profiteering - (24 Dec 2019)

GOODS AND SERVICES TAX

National Anti-Profiteering Authority has ruled that if the Respondent has denied the benefit of ITC to the buyers, then provisions of Section 171 of the Central Goods and Services Tax Act, 2017 have been contravened by him as he has profiteered an amount and liable to be punished under this Act.

Tags : NAA   ITC  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved