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.
This story is from the October 02, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 02, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
AI, CYBER SECURITY & DATA SCIENCE LEAD JOB GROWTH TRENDS FOR 2025
Beyond Tier 1 cities, Tier 2 and Tier 3 towns are becoming key players in the IT sector's growth
Fun ends for Djoker-Kyrgios; Osaka rolls on
The new doubles team of Novak Djokovic and Nick Kyrgios are out of the Brisbane International in the second round.
New year, new high for Vaishali as she wins bronze
India's R Vaishali clinched a bronze in the women's section of the World Blitz Championship, capping another strong performance by the country's chess players after stalwart Koneru Humpy's title-winning show in the rapid event here.
Barca blocked by La Liga from registering Olmo
The La Liga said Tuesday that Barcelona has failed to meet Financial Fair Play rules in the latest blow to the club's hopes of keeping playmaker Dani Olmo.
India's 'Gambhir' situation
Head coach's selection calls, handling of India's transition paints a grim picture
NUMEROLOGICAL PREDICTIONS FOR 2025
Numerologist Rakhhi Jain knows about cosmic influences that shape our lives. How? Well, because 2025 is a sum of 9 (2 + 0 + 2 + 5 = 9) and in numerology, Mars (Mangal) rules the number 9
Former cricketer Kambli walks out of hospital
Former India batsman Vinod Kambli was discharged from a private hospital at Bhiwandi in Thane district on Wednesday afternoon after undergoing treatment for nearly two weeks.
We Can Be The Factory To The World: Budhia
From leveraging trade diversification efforts to addressing liquidity constraints, Budhia discusses strategies to bolster export growth
India's Power Consumption Up Nearly 6% to 130.40 Billion Units
India's power consumption rose nearly 6 per cent to 130.40 billion units (BU) in December as compared to the year-ago month.
CMD, IREDA Vision for 2025: Market Innovations, Retail Renewable Push and Global Expansion
Pradip Kumar Das, Chairman and Managing Director of the Indian Renewable Energy Development Agency Ltd. (IREDA), addressed employees via video conferencing on New Year's Day.
