https://www.taxtmi.com/acts?id=27061 The Authority must, within three months of receiving the Director General of Safeguards' report, determine whether a registered person has passed on the benefit of a reduction in tax rate or input tax credit by way of a commensurate reduction in prices, grant an opportunity of hearing on written request, and when benefit has not been passed on may order price reduction, return of amounts with interest or recovery and deposit in the Fund, imposition of prescribed penalties, and cancellation of registration. en-us Thu, 22 Jun 2017 16:25:31 +0530 Thu, 22 Jun 2017 16:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27061 The Authority must, within three months of receiving the Director General of Safeguards' report, determine whether a registered person has passed on the benefit of a reduction in tax rate or input tax credit by way of a commensurate reduction in prices, grant an opportunity of hearing on written request, and when benefit has not been passed on may order price reduction, return of amounts with interest or recovery and deposit in the Fund, imposition of prescribed penalties, and cancellation of registration. Act-Rules Bill Thu, 22 Jun 2017 16:25:31 +0530 https://www.taxtmi.com/acts?id=27061