GST Laws: Unraveling the 'Anti-Profiteering' Debate
GST Laws: Unraveling the 'Anti-Profiteering' Debate
Understanding Anti-Profiteering Norms
GST aimed for lower prices. Section 171 defines profiteering. NAA dissolved; CCI now handles cases.
Delhi HC upholds CGST Act, rules. Anti-profiteering isn't price-fixing. Firms' challenges dismissed.
Delhi High Court's Ruling (Jan 30, 2023)
Companies' Concerns and Potential Consequences
Companies worry about unclear anti-profiteering rules, risking fines and reimbursement for not following them.
Future Implications and Expert Opinions
SC reviews anti-profiteering. Non-compliance has repercussions. Experts highlight challenges. Possible impact on businesses.
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