https://www.taxtmi.com/circulars?id=60349 Suppliers must pass on tax rate reductions or input tax credit benefits to consumers by reducing prices; failure to do so allows the National Anti profiteering Authority, through the Standing Committee or State Screening Committees, to confirm prima facie profiteering and order remedies including price reduction, refund with 18% interest, penalty, and cancellation of registration. Consumers file complaints in a prescribed format to the Standing Committee for all India cases or to State Screening Committees for local cases; contact details are provided for filing and investigation. en-us Fri, 18 Aug 2017 00:00:00 +0530 Wed, 11 Feb 2026 15:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60349 Suppliers must pass on tax rate reductions or input tax credit benefits to consumers by reducing prices; failure to do so allows the National Anti profiteering Authority, through the Standing Committee or State Screening Committees, to confirm prima facie profiteering and order remedies including price reduction, refund with 18% interest, penalty, and cancellation of registration. Consumers file complaints in a prescribed format to the Standing Committee for all India cases or to State Screening Committees for local cases; contact details are provided for filing and investigation. Circulars Customs Fri, 18 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60349