Duties of the anti Profiteering Authority

Rule-127 of CGST Rules 2017

Duties of the Author­i­ty.-

It shall be the duty of the Authority,-

  • 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;
  • to iden­ti­fy the reg­is­tered per­son who has not passed on the ben­e­fit of reduc­tion in the rate of tax on sup­ply of goods or ser­vices or the ben­e­fit of input tax credit

to the recip­i­ent by way of com­men­su­rate reduc­tion in prices;

  • to order,
  • reduc­tion in prices;
  • return to the recip­i­ent, an amount equiv­a­lent to the amount not passed on by way of com­men­su­rate reduc­tion in prices along with inter­est at the rate of eigh­teen per cent. from the date of col­lec­tion of the high­er amount till the date of the return of such amount or recov­ery of the amount not returned, as the case may be, in case the eli­gi­ble per­son does not claim return of the amount or is not iden­ti­fi­able, and deposit­ing the same in the Fund referred to in sec­tion 57;
  • impo­si­tion of penal­ty as spec­i­fied in the Act; and

can­cel­la­tion of reg­is­tra­tion under the Act.

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