Lower GST prices: suppliers must pass on tax reductions or input credit benefits to consumers; remedies apply. Suppliers must pass on tax rate reductions or input tax credit benefits to consumers by reducing prices; failure to do so allows the National Anti profiteering Authority, through the Standing Committee or State Screening Committees, to confirm prima facie profiteering and order remedies including price reduction, refund with 18% interest, penalty, and cancellation of registration. Consumers file complaints in a prescribed format to the Standing Committee for all India cases or to State Screening Committees for local cases; contact details are provided for filing and investigation.
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.
Lower GST prices: suppliers must pass on tax reductions or input credit benefits to consumers; remedies apply.
Suppliers must pass on tax rate reductions or input tax credit benefits to consumers by reducing prices; failure to do so allows the National Anti profiteering Authority, through the Standing Committee or State Screening Committees, to confirm prima facie profiteering and order remedies including price reduction, refund with 18% interest, penalty, and cancellation of registration. Consumers file complaints in a prescribed format to the Standing Committee for all India cases or to State Screening Committees for local cases; contact details are provided for filing and investigation.
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