GST Notification 23/2022 | Empowering the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.

GST Notification 23/2022-Central Tax ,dt. 23-11-2022

GST Notification – 23/2022-Central Tax States:

  1. In exercise of the powers conferred by sub-section (2) of section 171 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Goods and Services Tax Council, hereby empowers the Competition Commission of India established under sub-section (1) of section 7 of the Competition Act, 2002 (12 of 2003), to examine whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by him.
  2. This notification shall come into force with effect from 1st day of December, 2022.
Mandeep Kulkarni

Leave a comment

Your email address will not be published. Required fields are marked *

Search GSTIN