Syed Ali Hussaini V/s Vasavi & GP Infra LLP {COMPETITION COMMISSION OF INDIA}:Date of Order : 01-12-2023In the case of Syed Ali Hussaini v. Vasavi & GP Infra LLP, the Competition Commission of India (CCI) addressed allegations of profiteering against a construction company regarding the benefit of additional Input Tax Credit (ITC) under GST. Here’s a simplified explanation of the case:
Background: Several home-buyers filed complaints alleging that Vasavi & GP Infra LLP, a construction company, did not pass on the...
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