Explanation to Chapter XV

Explanation to Chapter XV[1]

For the purposes of this Chapter,

(a) [2][“Authority” means the Authority notified under sub-section (2) of section 171 of the Act]

(b) “Committee” means the Standing Committee on Anti-profiteering constituted by the Council in terms of sub-rule (1) of rule 123 of these rules;

a. suppliers of goods or services under the proceedings; and

b. recipients of goods or services under the proceedings;

[3][c. any other person alleging, under sub-rule (1) of rule 128, that a registered person has not passed on the benefit of reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit to the recipient by way of commensurate reduction in prices.]

(d) “Screening Committee” means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

[1] It was inserted by CGST(2^nd A)R, 2017 vide Notification No. 10/2017-Central Tax dt. 28-06-2017 wef 01-07-2017.

[2] Substituted for words “Authority” means the National Anti-profiteering Authority constituted under rule 122;” by Rule 2(f) of The CGSTR (4^th A), 2022 vide Notification No. 24/2022-Central Tax dt. 23-11-2022 wef 01-12-2022.

[3] Sub-clause inserted by Rule 2(viii) of The CGSTR(3^rd A), 2018 vide Notification No. 14/2018-Central Tax dt. 23-03-2018.

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CHAPTER XV - ANTI-PROFITEERING

Explanation to Chapter XV