No additional ITC in GST means no anti profiteering

The GST Appellate Tribunal, Principal Bench, by order dated 31 July 2026, confirmed the DGAP's final investigation report in the case of Bengal Peerless Housing Development Company Ltd. 

The Tribunal held that the developer derived no additional input tax credit benefit after GST implementation and, consequently, there was no obligation to pass on any benefit under Section 171 of the CGST Act.