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of <h1>Section 171 mandates reduced tax rates or input credits to be reflected in consumer prices; Authority ensures compliance.</h1> Section 171 of the Jharkhand Goods and Services Tax Act, 2017 mandates that any reduction in tax rates or benefits from input tax credits must be reflected in the prices charged to recipients by reducing them accordingly. The Central Government, upon the Council's recommendation, can establish or designate an Authority to verify if the benefits of tax reductions or input tax credits are being appropriately passed on to consumers. This Authority is empowered to perform functions and exercise powers as prescribed to ensure compliance with these provisions.
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