https://www.taxtmi.com/article/detailed?id=8416 Anti-profiteering requires that tax-rate reductions produce consumer price benefits. Where an original sale is declared in GSTR-1, a subsequent credit note and sales return do not automatically negate the transaction for anti-profiteering comparative analysis; therefore recorded outward supplies may be used to assess whether the benefit of a tax reduction was passed to buyers. en-us Fri, 15 Mar 2019 07:26:57 +0530 Fri, 15 Mar 2019 07:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8416 Anti-profiteering requires that tax-rate reductions produce consumer price benefits. Where an original sale is declared in GSTR-1, a subsequent credit note and sales return do not automatically negate the transaction for anti-profiteering comparative analysis; therefore recorded outward supplies may be used to assess whether the benefit of a tax reduction was passed to buyers. Articles Goods and Services Tax - GST Fri, 15 Mar 2019 07:26:57 +0530 https://www.taxtmi.com/article/detailed?id=8416