Anti profiteering requirement: businesses must pass input tax credit benefits to customers; complaints may be filed for enforcement. Anti profiteering obligations require CST/GST taxpayers to transfer the benefit of reduced tax burden or available input tax credit to purchasers by means of a commensurate reduction in prices. Noncompliance may attract penalties and administrative sanction including cancellation of registration. Buyers are directed to verify supplier invoices and to file written complaints with copies of invoices to specified Commissionerate officers for investigation and enforcement.
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 requirement: businesses must pass input tax credit benefits to customers; complaints may be filed for enforcement.
Anti profiteering obligations require CST/GST taxpayers to transfer the benefit of reduced tax burden or available input tax credit to purchasers by means of a commensurate reduction in prices. Noncompliance may attract penalties and administrative sanction including cancellation of registration. Buyers are directed to verify supplier invoices and to file written complaints with copies of invoices to specified Commissionerate officers for investigation and enforcement.
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