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 1stday of December, 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 1stday of December, 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 1stday of December, 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 1stday of December, 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 1stday of December, 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 1stday of December, 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 1stday of December, 2022