GST - Why Anti-profiteering Section 171 is not Scary

Member (Account Deleted) Guest , Last updated: 19 September 2017  
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Section 171 of CGST act is the only section that quotes the word anti-profiteering in the CGST act. It states that any reduction in tax rate or the benefit of Input Tax Credit shall be passed on to the end consumer by the commensurate reduction in price. So any industry is bound to reduce prices as

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