Tag: National Anti-profiteering Authority

NAA to wind up; GST anti-profiteering complaints to be taken up by CCI from December 1

NAA to wind up; GST anti-profiteering complaints to be taken up by CCI from December 1

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File photo used for representational purpose only. | Photo Credit: Getty Images/iStockphoto “All Goods & Services Tax (GST) anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority (NAA) ends this month,” an official said on November 15. “A notification in […]

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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

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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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