Govt notifies April 1, 2025 as sunset date for GST anti-profiteering
Millennium Post Delhi|October 02, 2024
NEW DELHI: The government has notified April 1, 2025, as the sunset date for the anti-profiteering clause in the GST law.
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Govt notifies April 1, 2025 as sunset date for GST anti-profiteering

Also, from October 1 all pending complaints under the anti-profiteering provisions will be handled by the Principal bench of the GST Appellate Tribunal (GSTAT), instead of the Competition Commission of India (CCI), the GST policy wing of the government said in another notification.

These notifications follow the recommendations of the GST Council, which in its 53rd meeting on June 22, had recommended to amend Section 171 and Section 109 of CGST Act, 2017 to provide a sunset clause for anti-profiteering under GST and to provide for the handling of anti-profiteering cases by Principal bench of GSTAT.

Council has also recommended the sunset date of April 1, 2025, for receipt of any new application regarding anti-profiteering.

この記事は Millennium Post Delhi の October 02, 2024 版に掲載されています。

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この記事は Millennium Post Delhi の October 02, 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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