https://www.taxtmi.com/manuals?id=1732 The National Anti-Profiteering Authority is empowered to determine whether registered persons have passed on reductions in tax rates or input tax credit benefits to recipients by way of commensurate reduction in prices, employing prescribed methodology. Complaints are screened at state level, may be referred by a Standing Committee for investigation by the safeguards directorate, which gathers evidence and reports to the Authority. Where the Authority finds non pass through, it may order price reduction, restitution with interest, penalties, and cancellation of registration, and enforce compliance through tax recovery mechanisms. en-us Wed, 23 Aug 2017 13:09:00 +0530 Wed, 23 Jan 2019 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1732 The National Anti-Profiteering Authority is empowered to determine whether registered persons have passed on reductions in tax rates or input tax credit benefits to recipients by way of commensurate reduction in prices, employing prescribed methodology. Complaints are screened at state level, may be referred by a Standing Committee for investigation by the safeguards directorate, which gathers evidence and reports to the Authority. Where the Authority finds non pass through, it may order price reduction, restitution with interest, penalties, and cancellation of registration, and enforce compliance through tax recovery mechanisms. Manuals GST Wed, 23 Aug 2017 13:09:00 +0530 https://www.taxtmi.com/manuals?id=1732