Statutory provisions of Antiprofiteering Authority

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.... and procedure The Authority may determine the methodology and procedure for determination as to whether the reduction in the rate of tax on the supply of goods or services or the benefit of input tax credit has been passed on by the registered person to the recipient by way of commensurate reduction in prices. Rule 127 Duties of the Authority The authority shall discharge the following functions, namely:- * (i) to determine whether any reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit has been passed on to the recipient by way of commensurate reduction in prices; * (ii) to identify the registered person who has not passed on the benefit of reduction in the rate of tax on supply of goo....

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....reduction in prices. * Examination of application & Forwarding further * All applications from interested parties shall first be examined by the State level Screening Committee and the Screening Committee shall upon being satisfied that the supplier has contravened the provisions of section 171, forward the application with its recommendations to the Standing Committee for further action. * Time Limit for resolution of application * ​​​​​​​ The maximum time envisaged for resolution of cases is 9 months excluding the time taken by the State-level screening committee and the Standing Committee (maximum 2 months) for processing the complaints. Rule 129 Investigation * Review the application....

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.... their reply. * The Director General of Anti-profiteering may also issue notices to such other persons as deemed fit for a fair enquiry into the matter. * The Director General of Anti-profiteering shall make available the evidence presented to it by one interested party to the other interested parties, participating in the proceedings. * Time Limit for completion of the investigation * The Director General of Anti-profiteering shall complete the investigation within a period of six months of the receipt of the reference from the Standing Committee or within such extended period not exceeding a further period of three months for reasons to be recorded in writing and, upon completion of the investigation, furnish a report to the Autho....