Section 171 CGST Act

Actual Credit, Not Available Credit: Delhi High Court Upholds a ₹2.31 Crore Anti-Profiteering Order Made After the Reckitt Benckiser Remand

A Bhubaneswar developer argued that the anti-profiteering authorities had simply swapped 'purchase value' for 'turnover' after the Reckitt Benckiser remand, and that unclaimed pre-GST CENVAT credit should offset its post-GST credit. The Delhi High Court disagreed on both counts.