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GSTAT Directs Oxford Realty to Refund ₹40.99 Lakh GST ITC Benefit to Godrej Infinity Homebuyers
GSTAT orders Oxford Realty to refund over 40 lakh in GST ITC benefits to Godrej Infinity homebuyers under anti-profiteering rules.
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ITC Benefit Must Be Passed Through Price Reduction, Not Free Construction: GSTAT
In a recent ruling, the Goods and Services Tax Appellate Tribunal (GSTAT) clarified that businesses must pass on Input Tax Credit (ITC) benefits through direct price reductions rather than offering…