https://www.taxtmi.com/manuals?id=2740 Reduction in tax rates or the benefit of input tax credit must be passed on as commensurate price reductions; the appointed Authority (including the Appellate Tribunal) examines compliance under Section 171 with procedural rules in Chapter XV, and may determine an amount of profiteering and impose a penalty equal to ten percent of that amount, with waiver of penalty if the determined amount is deposited within thirty days. en-us Fri, 12 May 2023 17:53:00 +0530 Mon, 07 Oct 2024 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2740 Reduction in tax rates or the benefit of input tax credit must be passed on as commensurate price reductions; the appointed Authority (including the Appellate Tribunal) examines compliance under Section 171 with procedural rules in Chapter XV, and may determine an amount of profiteering and impose a penalty equal to ten percent of that amount, with waiver of penalty if the determined amount is deposited within thirty days. Manuals GST Fri, 12 May 2023 17:53:00 +0530 https://www.taxtmi.com/manuals?id=2740