Anti-profiteering Authority to determine 'price reduction', 'recovery' to be initiated absent order compliance

Anti-profiteering Rules 2017, provide for setting up of a National Anti-profiteering Authority which shall consist of a Chairman and four Technical Members, to be nominated by GST Council; Further, they provide that Council may constitute a Standing Committee and Screening Committee comprising of officers of State and Central Government; Authority shall (i) determine methodology and procedure for determining whether reduction in tax rate on supply of goods or services or bene...