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of <h1>Authority to ensure tax rate or input-credit reductions passed to recipients, order refunds with 18% interest, penalties, registration cancellation</h1> The Authority must determine whether reductions in tax rates or input tax credit benefits have been passed to recipients via commensurate price reductions, identify registered persons who failed to pass those benefits, and order remedies including price reduction, return to recipients of amounts not passed on with 18% interest from collection until refund or recovery (or deposit to the statutory Fund if unclaimed or recipient unidentifiable), imposition of statutory penalties, and cancellation of registration. The Authority must also furnish a quarterly performance report to the Council by the tenth day after each quarter's close.
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