Anti-profiteering: prices must reflect input tax credit or tax-rate reductions, with authority enforcement and penalties.

Anti-profiteering requires that benefits from availed input tax credits or tax-rate reductions be reflected as commensurate price reductions. The Central Government may constitute or entrust an Authority to examine compliance, and that Authority shall have prescribed functions and powers, including imposition of penalties, where prices have not been reduced as required.

---

---

---