Empowerment of the Principal Bench of the Appellate Tribunal to Examine Passing on of Input Tax Credit and Tax Rate Reduction Benefits under the UKGST Acts, 2017

Empowerment of the Principal Bench of the Appellate Tribunal to Examine Passing on of Input Tax Credit and Tax Rate Reduction Benefits under the UKGST Acts, 2017 https://www.taxtmi.com/notifications?id=145843 Empowerment of the Principal Bench of the Appellate Tribunal under the Uttarakhand Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 to examine whether input tax credit availed by a registered person or tax rate reduction benefits have resulted in a commensurate reduction in the price of goods or services supplied by that person. The notification operates from 1 October 2024 and concerns scrutiny of passing on tax benefits through corresponding price reduction. en-us Fri, 09 May 2025 00:00:00 +0530 Wed, 27 May 2026 12:09:00 +0530 TaxTMI RSS Generator Empowerment of the Principal Bench of the Appellate Tribunal to Examine Passing on of Input Tax Credit and Tax Rate Reduction Benefits under the UKGST Acts, 2017 https://www.taxtmi.com/notifications?id=145843 Empowerment of the Principal Bench of the Appellate Tribunal under the Uttarakhand Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 to examine whether input tax credit availed by a registered person or tax rate reduction benefits have resulted in a commensurate reduction in the price of goods or services supplied by that person. The notification operates from 1 October 2024 and concerns scrutiny of passing on tax benefits through corresponding price reduction. Notifications GST - States Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145843