CBIC Empowers Principal Bench of the Appellate Tribunal to Examine Anti-Profiteering Matters | Notification
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- Last Updated on 3 October, 2024
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Notification No. 18/2024-Central Tax dated September 30th, 2024
The CBIC has issued notification to provide that the Principal Bench of the Appellate Tribunal shall 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 that registered person. This notification shall come into force with effect from the 1st October, 2024.
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