Delhi HC stays NAA's order, questions methodology used to calculate 'anti-profiteering' quantum

Delhi HC stays order of National Anti-Profiteering Authority (NAA) wherein authority found case of profiteering u/s 171 of CGST Act, 2017 by a builder while holding that benefit of ITC was not passed on to applicant in respect of flats constructed under ‘Affordable Housing Scheme’; Petitioner challenged the constitutional validity of provision of Section 171 r/w Rule 126 of CGST Rules, stating that leaving the mechanism and procedure for dete...