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Empowering the Competition Commission of India to handle Anti-Profiteering cases under the CGST Act

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Published Mon, 27 Feb 2023

Central Government on the recommendations of GST Council has empowered the Competition Commission of India (CCI) established under section 7(1) of the Competition Act, 2002 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.

The above amendment shall become effective from 01.12.2022.

Notification No. 23/2022-CT dt. 23.11.2022

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