https://www.taxtmi.com/acts?id=29390 Anti-profiteering requires that any reduction in tax rate or the benefit of input tax credit be passed to recipients through a commensurate price reduction, imposing a price reduction obligation on registered suppliers; the Central Government may, on Council recommendations, notify or designate an Authority to examine transmission of input tax credits or tax rate reductions and that Authority shall exercise prescribed powers and functions. en-us Mon, 03 Jul 2017 18:27:16 +0530 Mon, 24 Jul 2017 17:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29390 Anti-profiteering requires that any reduction in tax rate or the benefit of input tax credit be passed to recipients through a commensurate price reduction, imposing a price reduction obligation on registered suppliers; the Central Government may, on Council recommendations, notify or designate an Authority to examine transmission of input tax credits or tax rate reductions and that Authority shall exercise prescribed powers and functions. Act-Rules GST - States Mon, 03 Jul 2017 18:27:16 +0530 https://www.taxtmi.com/acts?id=29390