Law · Tax (GST)
Anti-Profiteering
Benefit of ITC or rate reduction must be passed on to consumers — Section 171 CGST. (CGST Act, 2017 / IGST Act, 2017)
Pronunciation: 🇺🇸 US
/ˈænti prɑfəˈtɪrɪŋ/ 🇬🇧 UK/ˈænti prɒfəˈtɪrɪŋ/Definition
Benefit of ITC or rate reduction must be passed on to consumers — Section 171 CGST. (CGST Act, 2017 / IGST Act, 2017)