Explanation to Chapter: XV - Anti - Profiteering

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....a) "Authority" means the Authority notified under sub-section (2) of section 171 of the Act;] (b) "Committee" means the Standing Committee on Anti-profiteering constituted by the Council in terms of....

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....t of input tax credit to the recipient by way of commensurate reduction in prices.] (d) "Screening Committee" means the State level Screening Committee constituted in terms of sub-rule (2) of rule 1....