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<h1>Businesses Must Pass Tax Cuts to Consumers or Face Penalties Under Section 171 of GST Act 2017.</h1> Section 171 of the Central Goods and Services Tax Act, 2017 mandates that any reduction in tax rates or benefits from input tax credits must be passed to consumers through price reductions. The Central Government can establish or empower an Authority to verify compliance with this requirement. If a registered person is found to have profiteered, they face a penalty of 10% of the profiteered amount unless it is paid within 30 days of the Authority's order. The term 'profiteered' refers to not passing on tax reduction benefits to consumers. The Authority includes the Appellate Tribunal.