Central Government, on the recommendations of the Goods and Services Tax Council, will terminate the acceptance of requests by the Competition Commission of India (CCI) or Appellate Tribunal regarding Input Tax Credit and Pricing Impact effective April 1, 2025. (Notification under Section 171 of CGST Act to provide for the sunset date) https://www.taxtmi.com/notifications?id=142539 The Central Government, on the recommendations of the GST Council and under the proviso to sub section (2) of section 171 CGST Act, has appointed 1st April 2025 as the date from which the authority referred to in that section shall not accept any request for examination whether input tax credits availed or a reduction in the tax rate have resulted in a commensurate reduction in the price of goods or services; the notification comes into force on publication in the Official Gazette. en-us Mon, 30 Sep 2024 00:00:00 +0530 Fri, 04 Oct 2024 11:42:00 +0530 TaxTMI RSS Generator Central Government, on the recommendations of the Goods and Services Tax Council, will terminate the acceptance of requests by the Competition Commission of India (CCI) or Appellate Tribunal regarding Input Tax Credit and Pricing Impact effective April 1, 2025. (Notification under Section 171 of CGST Act to provide for the sunset date) https://www.taxtmi.com/notifications?id=142539 The Central Government, on the recommendations of the GST Council and under the proviso to sub section (2) of section 171 CGST Act, has appointed 1st April 2025 as the date from which the authority referred to in that section shall not accept any request for examination whether input tax credits availed or a reduction in the tax rate have resulted in a commensurate reduction in the price of goods or services; the notification comes into force on publication in the Official Gazette. Notifications GST Mon, 30 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142539