GSTAT New Delhi Rules No Further Anti-Profiteering Action After ITC Benefit Is Passed On
The Goods and Services Tax Appellate Tribunal (GSTAT), Principal Bench at New Delhi, has delivered an important ruling clarifying the scope of anti-profiteering proceedings under the GST law. The Tribunal held that once a contractor voluntarily deposits or passes on the determined input tax credit (ITC) benefit to the recipient, no further action is required … Read more