Anti profiteering obligation requires businesses to pass tax reductions and input credit benefits to buyers through commensurate price cuts.

Anti profiteering requires that reductions in tax rates or benefits of input tax credit be passed to recipients through commensurate price reductions. The Central Government may, on Council recommendation, constitute or empower an Authority to examine compliance, and that Authority shall exercise prescribed powers and functions to verify transmission of tax or credit benefits into price decreases.

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