There shall be a stay on the operation of the directions of anti-profiteering authority
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The petitioner submitted that after 01.07.2017, he was not required to pass on ITC or reduction in tax to those flat buyers with whom negotiated contracts were executed post 01.07.2017. Even qua these contracts, insofar as reduction in taxes are concerned, nothing could have been passed on as there was no reduction in taxes.
Held that:-The Hon’ble High Court issued notice and listed the matter on 30.04.2021. Further, directed there shall be a stay on the operation of the directions contained in paragraph 23 of the order dated 09.12.2020 passed by respondent no.2.
There shall be a stay on the operation of the directions of anti-profiteering authority
Section 171 of the CGST Act, 2017— Anti-Profiteering -- The petitioner submitted that after 01.07.2017, he was not required to pass on ITC or reduction in tax to those flat buyers with whom negotiated contracts were executed post 01.07.2017. Even qua these contracts, insofar as reduction in taxes are concerned, nothing could have been passed on as there was no reduction in taxes.
Held that:-The Hon’ble High Court issued notice and listed the matter on 30.04.2021. Further, directed there shall be a stay on the operation of the directions contained in paragraph 23 of the order dated 09.12.2020 passed by respondent no.2.