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Siddha Sky Residential Project

Sector: Residential • Location: Kolkata, West Bengal, India

Source: Studycafe

Project
Completed

The Siddha Sky residential project in Kolkata by Siddha Infradev LLP was found to have contravened Section 171 of the CGST Act by not passing on the benefit of additional Input Tax Credit (ITC) to homebuyers through a commensurate reduction in prices. The Goods and Services Tax Appellate Tribunal (GSTAT) directed the developer to refund Rs 63.93 lakh along with 18% interest to eligible homebuyers.

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The project “Siddha Sky Residential Project” is an infrastructure initiative in the Residential sector, located in Kolkata, West Bengal, India. Taiyo aggregates data on it from Studycafe.

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Participants

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Status

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completed

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Description

Description

The Siddha Sky residential project in Kolkata by Siddha Infradev LLP was found to have contravened Section 171 of the CGST Act by not passing on the benefit of additional Input Tax Credit (ITC) to homebuyers through a commensurate reduction in prices. The Goods and Services Tax Appellate Tribunal (GSTAT) directed the developer to refund Rs 63.93 lakh along with 18% interest to eligible homebuyers.

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Source

Source reliability

High

Data quality score

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Source

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URL

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