Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 171 of Telangana GST Act mandates passing tax rate reductions to consumers via lower prices.</h1> Section 171 of the Telangana Goods and Services Tax Act, 2017 mandates that any reduction in the tax rate or benefit from input tax credits must be passed on to consumers through corresponding price reductions. The Central Government, upon the Council's recommendation, can establish or authorize an existing Authority to verify if such tax benefits have led to price reductions for goods or services provided by registered entities. This Authority is empowered to perform duties as prescribed to ensure compliance with the anti-profiteering measures.
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