| Date: |
23-11-2022
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| Notification No: |
NOTIFICATION No. 23/2022 – Central Tax
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| Issuing Authority: |
GST
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| Type: |
Central Tax Notifications
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| File No: |
[F. No. CBIC-20/2/2022-GST] |
| Subject: |
Seeks to empower the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.
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Untitled 1
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB SECTION (ii)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
NOTIFICATION No. 23/2022 – Central Tax
New Delhi, the 23rd November, 2022
S.O…...(E).- 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.
[F. No. CBIC-20/2/2022-GST]
(Vikram Vijay Wanere)
Under Secretary
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