https://www.taxtmi.com/acts?id=28816 Section 171 requires that reductions in tax rates or benefits of input tax credit be passed to recipients through a commensurate reduction in prices. The Central Government may, on Council recommendation, constitute or empower an Authority to examine whether suppliers have implemented such price reductions, and that Authority shall exercise prescribed powers and functions to ensure compliance. en-us Sat, 01 Jul 2017 12:21:19 +0530 Thu, 20 Jul 2017 11:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28816 Section 171 requires that reductions in tax rates or benefits of input tax credit be passed to recipients through a commensurate reduction in prices. The Central Government may, on Council recommendation, constitute or empower an Authority to examine whether suppliers have implemented such price reductions, and that Authority shall exercise prescribed powers and functions to ensure compliance. Act-Rules GST - States Sat, 01 Jul 2017 12:21:19 +0530 https://www.taxtmi.com/acts?id=28816