GST anti-profiteering system will not be effective from April 1, notification issued
New Delhi: GST anti-profiteering regime will no longer be effective from April 1, 2025. The government has notified April 1, 2025 as the date for abolishing the provision related to curbing profiteering in the GST law. Also, from October 1, all pending complaints under anti-profiteering provisions will be decided by the principal bench of the GST Appellate Tribunal (GSTAT) instead of the Competition Commission of India (CCI), the government’s GST policy cell said in another notification. These notifications are in line with the recommendations of the GST Council. The Council in its 53rd meeting on June 22 recommended amendments in Section 171 and Section 109 of the Central GST Act, 2017 to eliminate anti-profiteering provisions under GST and to allow anti-profiteering cases to be heard by the Principal Bench of the GST Appellate Tribunal. Did. The Council had also recommended a deadline of April 1, 2025 for receipt of any new anti-profiteering applications. The GST Policy Cell’s notification means that consumers will not be able to file complaints about profiteering against companies that do not pass on the benefit of the GST rate cut from April 1, 2025.
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