Eye Share: Amendments in Anti-Profiteering Laws - Key Takeaways

Section 171 of CGST Act introduced anti-profiteering measures in order to check the price rise and ensure reduction benefit being passed on to the final customers. In the recent times, the proceedings and consequent orders of the National Anti-Profiteering Authority (‘NAA’/’Authority’) have been the subject matter of numerous proceedings before Courts.Mr. Sparsh Bhargava and Mr. Yashwant Singh (Advocates) examine the amendment brought in vide Notification No. 31/...