https://www.taxtmi.com/acts?id=25312 Anti profiteering requires that any reduction in the rate of tax on a supply or the benefit of input tax credit be passed on to the recipient by way of a commensurate reduction in prices. The Central Government may, on Council recommendation, constitute or empower an Authority to examine whether registered persons have passed on such reductions, and that Authority shall exercise powers and discharge functions as prescribed. en-us Thu, 25 May 2017 12:42:42 +0530 Thu, 25 May 2017 12:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25312 Anti profiteering requires that any reduction in the rate of tax on a supply or the benefit of input tax credit be passed on to the recipient by way of a commensurate reduction in prices. The Central Government may, on Council recommendation, constitute or empower an Authority to examine whether registered persons have passed on such reductions, and that Authority shall exercise powers and discharge functions as prescribed. Act-Rules GST - States Thu, 25 May 2017 12:42:42 +0530 https://www.taxtmi.com/acts?id=25312