Anti profiteering: Principal GST Appellate Tribunal bench empowered to scrutinize price pass through after tax credits or rate cuts. Empowers the Principal Bench of the GST Appellate Tribunal to determine whether input tax credits or reductions in tax rates have resulted in a commensurate reduction in the price of goods or services supplied by registered persons, thereby enabling the bench to examine compliance with the anti profiteering regulatory objective from the stated effective date.
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: Principal GST Appellate Tribunal bench empowered to scrutinize price pass through after tax credits or rate cuts.
Empowers the Principal Bench of the GST Appellate Tribunal to determine whether input tax credits or reductions in tax rates have resulted in a commensurate reduction in the price of goods or services supplied by registered persons, thereby enabling the bench to examine compliance with the anti profiteering regulatory objective from the stated effective date.
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