{"id":8409,"date":"2022-11-24T04:58:19","date_gmt":"2022-11-24T04:58:19","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8409"},"modified":"2022-11-24T04:58:38","modified_gmt":"2022-11-24T04:58:38","slug":"competition-commission-of-india-empowered-to-examine-anti-profiteering-cases-under-cgst-act-2017-with-effect-from-01-12-2022","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/competition-commission-of-india-empowered-to-examine-anti-profiteering-cases-under-cgst-act-2017-with-effect-from-01-12-2022\/","title":{"rendered":"Competition Commission of India empowered to examine anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022"},"content":{"rendered":"<p align=\"justify\">Govt.&nbsp;on the  recommendations of GST Council, has empowered Competition Commission of India  (CCI) to examine anti-profiteering cases under CGST Act, 2017 w.e.f.&nbsp;1st  December 2022 vide <a href=\"https:\/\/www.klickongstworld.com\/uploads\/CGST\/TaxNotification\/1669262089.pdf\">Notification No. 23\/2022 -Central Tax dated 23.11.2022<\/a>.<\/p>\n<p align=\"justify\">  CBIC has Notified  Competition Commission of India (CCI) 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.<\/p>\n<p align=\"justify\">  Accordingly, CBIC has notified amendment in Rule 127 and other related rules  of CGST Rules vide CGST (Fourth Amendment) Rules, 2022 &#8211; <a href=\"https:\/\/www.klickongstworld.com\/uploads\/CGST\/TaxNotification\/1669262822.pdf\">Notification No.  24\/2022 -Central Tax dated 23.11.2022<\/a>.\n  <\/p>\n<p align=\"justify\">Also, CBIC has omitted Rule 137 dealing with the tenure of NAA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\/06\/cbic-logo-new-1.jpg<\/p>\n","protected":false},"author":1,"featured_media":7535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8409"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=8409"}],"version-history":[{"count":1,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8409\/revisions"}],"predecessor-version":[{"id":8411,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8409\/revisions\/8411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/7535"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}