NAA: Builder's commercial discount inconsequential for additional ITC benefit determination, upholds profiteering

NAA upholds claim of profiteering against Builder/Developer for not passing benefit of additional ITC of 5.99% post GST implementation to the house buyers while clarifying that commercial discounts offered to avoid cancellations are irrelevant; Noting that Respondent increased base-price due to provision of Real Estate (Regulation and Development) Act ("RERA"), observes that discount was offered arbitrarily due to commercial reasons to cover the enhanced price and no addition...