NAA: Rejects objection to DGAP's profiteering computation methodology, directs Builder to pass benefit

NAA upholds claim of profiteering against builder for benefitting from additional benefit of ITC while directing payment of profiteered amount along with interest @18% to flat buyers; Observes that upon introduction of GST, the rate of tax was increased to 18% during post GST period from 6% during pre-GST period and considering the pre-GST credit of CENVAT to the ITC during pre-GST period with ITC available to the Respondent in post-GST period, it is clear that Respondent has...