Rule-130 of CGST Rules 2017 Confidentiality of information– (1) Notwithstanding anything contained in sub-rules (3) and (5) of rule 129 and sub-rule (2) of rule 133, the provisions of section 11 of the Right to Information Act, 2005 (22 of 2005),…
Category: GST
How anti-Profiteering Committee would Initiate & Conduct Proceedings
Rule-129 of CGST Rules 2017 Initiation and conduct of proceedings.- (1) Where the Standing Committee is satisfied that there is a prima-facie evidence to show that the supplier has not passed on the benefit of reduction in the rate of tax…
How Standing Committee and Screening Committee will Scrutunize a application against Anti-Profiteering
Rule-128 of CGST Rules 2017 Examination of application by the Standing Committee and Screening Committee.- (1) The Standing Committee shall, within a period of two months from the date of the receipt of a written application, in such form and manner…
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…
Power to determine the methodology and procedure to determine Profit by Anti Profiteering Authority
Rule-126 of CGST Rules 2017 Power to determine the methodology and procedure.- The Authority may determine the methodology and procedure for determination as to whether the reduction in the rate of tax on the supply of goods or services or the…
Secretary to the anti Profiteering Authority
Rule-125 of CGST Rules 2017 Secretary to the Authority.- The Additional Director General of Safeguards under the Board shall be the Secretary to the Authority. Share on: whatsapp
Appointment, salary, allowances and other terms and conditions of service of the Chairman and Members of the Anti Profiteering Authority
Rule-124 of CGST Rules 2017 Appointment, salary, allowances and other terms and conditions of service of the Chairman and Members of the Authority:- (1) The Chairman and Members of the Authority shall be appointed by the Central Government on the recommendations of…
Constitution of the Standing Committee and Screening Committees under GST
Rule-123 of CGST Rules 2017 Constitution of the Standing Committee and Screening Committees.- (1) The Council may constitute a Standing Committee on Anti-profiteering which shall consist of such officers of the State Government and Central Government as may be nominated by A…
Constitution of Anti Profiteering Authority under GST
Rule-122 of CGST Rules 2017 Constitution of the Authority.- The Authority shall consist of,- a Chairman who holds or has held a post equivalent in rank to a Secretary to the Government of India; and four Technical Members who are or have…
Recovery of credit wrongly availed under GST
Rule-121 of CGST Rules 2017 Recovery of credit wrongly availed.- The amount credited under sub-rule (3) of rule 117 may be verified and proceedings under section 73 or, as the case may be, section 74 shall be initiated in respect of…