https://www.taxtmi.com/article/detailed?id=12316 Section 171 imposes an obligation on suppliers to reflect any commensurate benefit of GST rate reductions or Input Tax Credit in prices; the anti profiteering framework empowers an authority to investigate, determine methodologies appropriate to industry facts, and order restitution with interest and penalties where benefits were not passed to consumers. en-us Tue, 13 Feb 2024 10:04:12 +0530 Tue, 13 Feb 2024 10:04:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12316 Section 171 imposes an obligation on suppliers to reflect any commensurate benefit of GST rate reductions or Input Tax Credit in prices; the anti profiteering framework empowers an authority to investigate, determine methodologies appropriate to industry facts, and order restitution with interest and penalties where benefits were not passed to consumers. Articles Goods and Services Tax - GST Tue, 13 Feb 2024 10:04:12 +0530 https://www.taxtmi.com/article/detailed?id=12316