https://www.taxtmi.com/acts?id=27169 Reduction in tax rates or the benefit of input tax credit must be passed on to recipients by way of a commensurate reduction in prices. The Central Government may, on Council recommendations, constitute or empower an Authority to examine whether such tax reductions or input tax credits have resulted in commensurate price reductions; that Authority shall exercise powers and discharge functions as prescribed. en-us Thu, 22 Jun 2017 18:00:15 +0530 Thu, 22 Jun 2017 18:00:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27169 Reduction in tax rates or the benefit of input tax credit must be passed on to recipients by way of a commensurate reduction in prices. The Central Government may, on Council recommendations, constitute or empower an Authority to examine whether such tax reductions or input tax credits have resulted in commensurate price reductions; that Authority shall exercise powers and discharge functions as prescribed. Act-Rules GST - States Thu, 22 Jun 2017 18:00:15 +0530 https://www.taxtmi.com/acts?id=27169