Input tax credit and tax rate reduction benefits to be examined for corresponding price reduction under GST. Empowerment of the Principal Bench of the Appellate Tribunal under the Uttarakhand Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 to examine whether input tax credit availed by a registered person or tax rate reduction benefits have resulted in a commensurate reduction in the price of goods or services supplied by that person. The notification operates from 1 October 2024 and concerns scrutiny of passing on tax benefits through corresponding price reduction.