GST Anti Profiteering; Non-payment of Interest on profiteered Amount: CCI directs to pay Interest to Home Buyers [Read Order]
In the case of GST Anti Profiteering, the CCI directed the MICIL reality company to pay interest to the home buyer for non-payment of Interest on profiteered Amount.
National Anti-Profiteering Authority, the Competition Commission of India (CCI) in a case of GST anti-profiteering directed to pay Interest to home buyers on non-payment of interest on profiteered amounts. A complaint filed under Rule 128 of the Central Goods and Service Tax (CGST) Rules, 2017, accused MICL Realty LLP of not passing on the Input…
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