https://www.taxtmi.com/acts?id=23310 Anti-profiteering requires that benefits from availed input tax credits or tax-rate reductions be reflected as commensurate price reductions. The Central Government may constitute or entrust an Authority to examine compliance, and that Authority shall have prescribed functions and powers, including imposition of penalties, where prices have not been reduced as required. en-us Mon, 28 Nov 2016 12:26:49 +0530 Tue, 29 Nov 2016 13:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23310 Anti-profiteering requires that benefits from availed input tax credits or tax-rate reductions be reflected as commensurate price reductions. The Central Government may constitute or entrust an Authority to examine compliance, and that Authority shall have prescribed functions and powers, including imposition of penalties, where prices have not been reduced as required. Act-Rules Bill Mon, 28 Nov 2016 12:26:49 +0530 https://www.taxtmi.com/acts?id=23310