Notification No. 23/2022
Date: November 23, 2022
Subject: Empowerment of the Competition Commission of India to examine anti-profiteering cases under GST.
Description:
The Competition Commission of India is empowered to examine whether benefits of input tax credit or tax rate reduction have been passed on to recipients. The authority may assess commensurate reduction in prices of goods or services. The empowerment is issued under section 171 of the CGST Act.
Effective Date:
1 December 2022