Anti-profiteering sunset date set at April 1 next year

PTI

New Delhi, Updated At : 09:14 AM Oct 02, 2024 IST

The government has notified April 1, 2025, as the sunset date for the anti-profiteering clause in the GST law. - File photo

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The government has notified April 1, 2025, as the sunset date for the anti-profiteering clause in the GST law.

Also, from October 1 all pending complaints under the anti-profiteering provisions will be handled by the Principal bench of the GST Appellate Tribunal (GSTAT), instead of the Competition Commission of India (CCI), the GST policy wing of the government said in another notification.

The notifications follow the recommendations of the GST Council, which, in its 53rd meeting, had recommended to amend Section 171 and Section 109 of CGST Act, 2017 to provide a sunset clause for anti-profiteering under GST and to provide for the handling of anti-profiteering cases by Principal bench of GSTAT.

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