Antiprofiteering measure Section 171

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....of the Authority [ Section 171(2) To be Read with Rule 133 ] Appointment of Notified Authority by Central Government to keep a check [ Notification No. 23/2022 - Central Tax Dated 23.11.2022] * The Competition Commission of India established under section 7(1) of the Competition Act, 2002 (w.e.f. 01.12.2022) to examine whether input tax credits availed by any registered person or the reduction ....

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....in the price of the goods or services or both supplied by him. [w.e.f. 27.09.2024 vide N.No. 17/2024, Inserted Vide Finance (No. 2) Act, 2024 ] * Notify Principal Bench of GST Appellate Tribunal to hear cases of anti-profiteering - Notification No. -18/2024 - Central Tax Dated 30.09.2024 * Central Government, on the recommendations of the Goods and Services Tax Council, empowers the Princi....

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.... commensurate/proportionate reduction in the price of the goods or services or both. * For the purposes of this section, the expression "Authority" shall include the "Appellate Tribunal. [w.e.f. 27.09.2024 vide N.No. 17/2024, Inserted Vide Finance (No. 2) Act, 2024 ] Applicable Rules * Chapter XV of the CGST Rules, 2017 comprising of 16 Rules (Rule 122 to Rule 137), contains the detailed mech....