https://www.taxtmi.com/acts?id=30512 Any reduction in tax rate or benefit of input tax credit must be passed to the recipient by 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 prescribed powers and functions to verify compliance. en-us Mon, 10 Jul 2017 17:30:23 +0530 Mon, 28 Aug 2017 12:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30512 Any reduction in tax rate or benefit of input tax credit must be passed to the recipient by 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 prescribed powers and functions to verify compliance. Act-Rules GST - States Mon, 10 Jul 2017 17:30:23 +0530 https://www.taxtmi.com/acts?id=30512