Participating in the movement against profiteering. The Government is committed to ensure that the consumers enjoy the benefit of lower prices of goods and services under GST.
Under GST, suppliers of goods and services must pass on any reduction of tax or the benefit of Input Tax Credit to consumers by way of commensurate reduction in prices. If this is not done, the consumer’s interest by the National Anti-Profiteering Authority, which may order.
|(A) Reduction in Prices||(B) Return of the amount not passed on with interest @ 18% to the reciepent|
|(C) Imposition of Penalty||(D) Cancellation of registration of the supplier|
Affected consumers may file an application, in the prescribed format’, before the Central Standing Committee on Anti-Profiteering if the profiteering has All-India character OR before the State Screening Committee if the profiteering is of local nature.
Central Standing Committee on Anti-Profiteering
Second, Floor, Bhai Vir Singh Shitya Sadan, Bhai Vir Singh Marg Gole Market, New Delhi – 110001 Tel No. 011-23741537
Fax No. 011-23741542
State Screening on Anti-profiteering
Contact details of State Screening Committe on Anti-Profiteering are available at the URL – goo.gle/YJXnK
The list of items, on which GST have been reduced w.e.f 15.11.2017, is available at the URL : googl/9nSzq5. Accordingly, there should be a corresponding reduction in price/MRP on these goods. Consumers may take note of these reductions while purchases. Consumers are advised to approach State Screening Committee or the Central Standing Committee on Anti-Profiteering in case of any grievance(s).