Realtor told to refund â¹8.2 crore of GST to 2,500 homebuyers
The National Anti-Profiteering Authority under GST has asked Haryana-based realtor Pyramid Infratech to return â¹8.22 crore to nearly 2,500 buyers. The amount relates to the benefit of Input Tax Credit (ITC) which the builder had not passed on to the homebuyers. The order was passed on a complaint of profiteering filed by 109 homebuyers of two affordable housing projects.