Goods and Services Tax Appellate Tribunal, Principal Bench, New Delhi, Anti-Profiteering Division · GST · AKHB case note
Director General of Anti-Profiteering v. K.V. Developers Pvt. Ltd.
NAPA/5/PB/2025
No neutral or reporter citation printed in the identified official order. ·
Final insolvency-context legal disposal, not a fresh profiteering computation.
K.V. Developers on closure and setting aside of the DGAP report; underlying insolvency rights and distributions are not adjudicated in the published page.
01 · Facts of the case and issues
DGAP filed written submissions. The Tribunal was informed that proceedings under the Insolvency and Bankruptcy Code before NCLT had concluded. The short order refers to a Senior Standing Counsel opinion dated 25 October 2021 concerning Puma Realtors and an earlier order dated 20 August 2025 accepting that opinion. The underlying insolvency decision, opinion and earlier order are not reproduced.
Source: Complete unnumbered order, physical p. 1.
02 · Discussion and reasoning of the Hon’ble Court
Relying on the recorded insolvency position and the accepted opinion, the Tribunal found no reasonable or plausible ground to continue. The published page does not analyse the underlying project pricing, tax-benefit computation or insolvency-plan terms. Its conclusion must be confined to the identified procedural and legal context.
Source: Complete unnumbered order, physical p. 1.
03 · Judicial decision and operative relief
The Tribunal closed the Section 171 proceeding. It expressly declined to accept the DGAP report and set it aside. The order dated 8 September 2026 contains no quantified refund, interest or penalty direction.
Source: Complete unnumbered order, physical p. 1.
04 · In favour of
Final insolvency-context legal disposal, not a fresh profiteering computation.
Source: Complete unnumbered order, physical p. 1.
05 · AKHB REVIEW POINT
AKHB analysis: Record both operative effects: closure of the proceeding and setting aside of the DGAP report. Do not reduce this to an adjournment, or infer from it a broad rule that every insolvency event automatically erases anti-profiteering liabilities. The underlying NCLT outcome and adopted opinion are necessary to analyse its wider application. No conclusion about creditor distributions, extinguishment of a specific claim or actual tax compliance is independently established by this one-page source.
Source: AKHB source-based analysis of complete unnumbered order, physical p. 1.
Source and verification
Complete 1-page original read and visually checked. · Individual hosted copy of the original judgment
Complete 1-page official GSTAT order. Underlying reports and documents mentioned in the reasons were not independently obtained.
Source checked 2026-10-17. Paragraph references follow the identified official judgment; PDF-page references follow that source file. The court’s printed paragraph numbers may differ from commercial reporting.
All source pages text/visual checked.
No source text or existing entry altered.
Statutory scope
Historical source-based explanation of this final disposition; no independent statement of current insolvency or tax law.
Later treatment and present applicability
Bounded exact-party/case/date and recall or appeal searches on 17 October 2026 identified no later primary order affecting this disposition. This is not exhaustive docket clearance or verification of compliance or insolvency recovery.
Additional identified sources
AI disclosure & professional disclaimer
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General research information only; not legal or tax advice, a certified judgment or a substitute for the full order. Applicability depends on the facts, tax period, statutory version and jurisdiction. Subsequent treatment is unverified unless the note expressly identifies the sources checked. Downloading does not create a professional engagement. Obtain case-specific advice before reliance.