https://www.taxtmi.com/article/detailed?id=8341 Anti profiteering under GST obligates businesses to pass on tax rate reductions and input tax credit benefits to consumers; the Central Government constituted Authority can investigate and impose penalties or direct monetary adjustments with interest where non compliance is found. In 2018 the Authority issued twenty eight orders arising from complaints, with a majority finding non establishment of profiteering and a subset upholding allegations where MRPs, base price increases, or failure to reflect ITC in pricing demonstrated non pass through. The orders repeatedly turned on pricing records, MRPs and evidentiary sufficiency. en-us Fri, 25 Jan 2019 07:44:09 +0530 Fri, 25 Jan 2019 07:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8341 Anti profiteering under GST obligates businesses to pass on tax rate reductions and input tax credit benefits to consumers; the Central Government constituted Authority can investigate and impose penalties or direct monetary adjustments with interest where non compliance is found. In 2018 the Authority issued twenty eight orders arising from complaints, with a majority finding non establishment of profiteering and a subset upholding allegations where MRPs, base price increases, or failure to reflect ITC in pricing demonstrated non pass through. The orders repeatedly turned on pricing records, MRPs and evidentiary sufficiency. Articles Goods and Services Tax - GST Fri, 25 Jan 2019 07:44:09 +0530 https://www.taxtmi.com/article/detailed?id=8341