CCI Drops GST Anti Profiteering Proceedings against Panchashil Infrastructure as“Panchshil Towers” Project Already Subject to Profiteering [Read Order]

CCI - CCI Drops - GST - CCI Drops GST Anti Profiteering Proceedings - CCI Drops GST Anti Profiteering Proceedings against Panchashil Infrastructure - taxscan

The Competition Commission of India (CCI) dropped proceedings of Goods and Service Tax Anti-profiteering against the Panchashil Infrastructure on the ground of the ‘Panchashil Towers’ project was already subject to profiteering.  M/s Panchshil Infrastructure Holding Pvt. Ltd, the respondent submitted that other construction-related projects undertaken by the respondent had either been sold after obtaining Occupancy…

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