Indiabulls Real Estate guilty of profiteering ₹6.46 crore, to refund homebuyers: NAA

Indiabulls Real Estate guilty of profiteering ₹6.46 crore, to refund homebuyers: NAA

The National Anti-profiteering Authority (NAA) has found Indiabulls Real Estate guilty of not passing on over ₹6.46 crore input tax credit benefits to homebuyers by a commensurate reduction in prices post rollout of GST. Based on a case filed by a homebuyer that Indiabulls Real Estate has not passed on ITC benefits in project Sierra-Vizag, […]

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