NAA : No flaw in DGAP's profiteering computation for non-passing of commensurate ITC benefit by Builder

NAA upholds a case of profiteering u/s 171 of CGST Act observing that additional ITC to the tune of 3.51% (5.27% - 1.76%) was not passed by Builder/Developer to flat buyer, and that, amount passed as discount due to price negotiations cannot be taken to have been passed on account of ITC benefit; States that, "this Authority has power to ‘determine’ the methodology and not to ‘prescribe’ it ..therefore, no set prescription can be laid while computing profite...