Sunset of price-reduction examinations: authority will cease accepting requests to review ITC or rate pass-through claims. The Governor, acting on Council recommendation, designates a date after which the Authority will not accept requests to examine whether input tax credits availed or tax rate reductions have resulted in a commensurate reduction in the prices of goods or services; the notification is deemed to have come into force from an earlier specified commencement date, altering the temporal scope of the Authority's jurisdiction.
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.
Sunset of price-reduction examinations: authority will cease accepting requests to review ITC or rate pass-through claims.
The Governor, acting on Council recommendation, designates a date after which the Authority will not accept requests to examine whether input tax credits availed or tax rate reductions have resulted in a commensurate reduction in the prices of goods or services; the notification is deemed to have come into force from an earlier specified commencement date, altering the temporal scope of the Authority's jurisdiction.
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