Anti-profiteering obligation: suppliers must pass on tax-rate or input credit benefits through commensurate price reductions. Anti-profiteering requires suppliers to pass on benefits from tax-rate reductions or input tax credit to recipients by commensurate price reductions; a notified Authority may be constituted or empowered to examine compliance and exercise prescribed powers and functions to ensure the benefit is passed on.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Anti-profiteering obligation: suppliers must pass on tax-rate or input credit benefits through commensurate price reductions.
Anti-profiteering requires suppliers to pass on benefits from tax-rate reductions or input tax credit to recipients by commensurate price reductions; a notified Authority may be constituted or empowered to examine compliance and exercise prescribed powers and functions to ensure the benefit is passed on.
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