![GST anti-profiteering cases may be taken up by appellate tribunal](https://cdn.magzter.com/1547192204/1718822978/articles/toeiiIAKJvIbPoWXboZsys/GST-ANTIPROFITEERING-CASES-MAY-BE-TAKEN-UP-BY-APPELLATE-TRIBUNAL.jpg)
This is in line with the recommendation of the law committee under the GST Council after Competition Commission of India (CCI) expressed its inability to handle such matters, saying that it was not their core function.
CCI has disposed of just 27 cases since December 1, 2022. While about 140 cases are pending for adjudication. Besides, 184 matters are pending in various high courts where the order of previous authority were challenged.
The anti-profiteering provisions under the GST law make it mandatory for suppliers of goods and services to pass on the benefit of any reduction in the rate of tax, or the benefit of input tax credit, to recipients by way of commensurate reduction in prices.
この記事は Business Standard の June 20, 2024 版に掲載されています。
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この記事は Business Standard の June 20, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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