NAA: Upholds profiteering, validates DGAP’s computation of additional ITC claimed

NAA upholds claim of profiteering u/s 171 of the CGST Act amounting to Rs. 97 Lakhs (approx.) (including GST @ 18%, 12%, 8%) while directing payment of profiteered amount along-with interest @ 18% per annum to flat buyers;  Observes that objection w.r.t. excluding Land Value from the turnover of post-GST period is not correct as the DGAP had compared the total turnover (inclusive of land value) of the Respondent for the pre as well as post-GST periods and the value of la...