On Anti-profiteering GST law, what should be the background for providing statutary provisions?

In the Study Report 'Implementation of VAT in India-Lessons for Transition to GST', released by the Comptroller & Auditor General of India (C&AG), June 2010, there were several instances of dealers profiting from the reduction in tax rates. After reviewing the records of 13 manufacturers within a state during the three months prior to implementation of VAT, the C&AG report found that manufacturers did not lower the MRP of goods despite a sharp drop in tax rates. The VAT experience taught us that legal teeth were needed in GST law. This was done by including anti-profiteering provisions in order to prevent businesses from profiteering when GST was being implemented in the country.

The statutory provisions of Anti-profiteering will kick in for what kind of instances?

State the functions of National Anti-Profiteering Authority.

Does Customer pay GST extra on maximum retail price (MRP) of goods?

Where the complaints of redresssal are filled ,if a consumer has been over-charged in name of GST?

What are the complaint redressal mechanism available to consumer if there is profiteering using the name of GST?

How to file complaint against profiteering?

For multiple Goods and services, Is one form sufficient?

To identify the cases of profiteering, what are the methodology?

What are the steps taken by the Consumer Affairs Ministry of the of Indian government in order to stop profiteering after applying the GST?

What can consumers do if shopping malls and retail shops are selling goods at pre-GST attached labels?

From the Anti -profiteering provisions, how can buyers of under-construction flats be benefited?

Can the Anti-profiteering Provisions be used to take action if the benefit of the transitional credit is not passed on to consumers?

For deciding cases of Anti-profiteering provisions, what are the time-frames?

What should a defendant ensure during the complaint to Screening /Standing Committee?

To justify its prices, a company may need to provide information that could be classified and might affect its business interests?

Where can someone access to the orders passes through NAA?

What do you mean by E-way Bill?

What is the E-way Bill common portal?

Define Consignment Value.

Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?

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Open a demat account through us and get the account opening charges waived off

On Anti-profiteering GST law, what should be the background for providing statutary provisions?

The statutory provisions of Anti-profiteering will kick in for what kind of instances?

State the functions of National Anti-Profiteering Authority.

Does Customer pay GST extra on maximum retail price (MRP) of goods?

Where the complaints of redresssal are filled ,if a consumer has been over-charged in name of GST?

What are the complaint redressal mechanism available to consumer if there is profiteering using the name of GST?

How to file complaint against profiteering?

For multiple Goods and services, Is one form sufficient?

To identify the cases of profiteering, what are the methodology?

What are the steps taken by the Consumer Affairs Ministry of the of Indian government in order to stop profiteering after applying the GST?

What can consumers do if shopping malls and retail shops are selling goods at pre-GST attached labels?

From the Anti -profiteering provisions, how can buyers of under-construction flats be benefited?

Can the Anti-profiteering Provisions be used to take action if the benefit of the transitional credit is not passed on to consumers?

For deciding cases of Anti-profiteering provisions, what are the time-frames?

What should a defendant ensure during the complaint to Screening /Standing Committee?

To justify its prices, a company may need to provide information that could be classified and might affect its business interests?

Where can someone access to the orders passes through NAA?

What do you mean by E-way Bill?

What is the E-way Bill common portal?

Define Consignment Value.

​Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?

FAQ Categories

Is tax included in the consignment value? Value may not be available in cases of movement that isn't by way of supply. What is the best way to value these cases?