NAA: Dismisses application alleging profiteering finding no ITC availment post GST

National Anti-Profiteering Authority dismisses application alleging profiteering under Section 171 finding that no ITC has been availed by the Respondent in the post-GST period; Therefore, holds that there was no additional benefit of ITC which had been accrued to the Respondent post-GST as compared to pre-GST period; Notes Applicant’s contentions that the Respondent has not completed construction before the GST, payment was made after GST and benefit of ITC was not passed ...