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of <h1>Competition Commission of India Authorized to Handle Anti-Profiteering Cases Under CGST Act, Effective December 1, 2022.</h1> The Central Government, following recommendations from the Goods and Services Tax Council, has empowered the Competition Commission of India (CCI) to handle anti-profiteering cases under the Central Goods and Services Tax (CGST) Act, 2017. Effective from December 1, 2022, the CCI is authorized to assess whether input tax credits or tax rate reductions have led to corresponding price reductions in goods or services supplied by registered entities. This empowerment is formalized through Notification No. 23/2022, issued by the Ministry of Finance's Central Board of Indirect Taxes and Customs.
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