Goods and Services Tax – GST Dated:- 3-7-2019 – News – In terms of section 171 of the Central Goods and Services Tax Act, 2017 , any reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit has to be passed on to the recipient by way of commensurate reduction in prices. Further, the National Anti-profiteering Authority (NAA) has been constituted by the Government to examine the complaints of profiteering against registered persons under GST. The
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