NAA: Holds Builder guilty of profiteering, investigation agency not obligated to hear Respondent

NAA upholds case of profiteering against for contravening the provisions of Section 171 of the CGST Act, finds that ITC as a percentage of turnover available to Respondent during pre-GST period was 3.17% and it was 5.89% post-GST, thereby additional benefit of 2.72% was clearly established; Notes that Respondent is executing project under the Affordable Housing Scheme approved by the Govt. of Haryana under the Prime Minister Awas Yojana and is constructing both the residentia...