Section 171 - Anti-profiteering measure.

Anti-profiteering obligation requires suppliers to pass tax rate reductions and input credit benefits to recipients; enforcement by notified authority.

Anti-profiteering requires that any reduction in tax rate or the benefit of input tax credit be passed to recipients by way of a commensurate reduction in prices. The Central Government may, on Council recommendation, notify or empower an Authority to examine whether registered persons have passed on such benefits, and that Authority shall exercise such powers and discharge such functions as prescribed.