Govt notifies Apr 1, 2025, as sunset date for GST anti-profiteering

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Govt notifies Apr 1, 2025, as sunset date for GST anti-profiteering - Business Standard

Quick Summary:

These notifications follow the recommendations of the GST Council, which in its 53rd meeting on June 22, 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.

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.

Council has also recommended the sunset date of April 1, 2025, for receipt of any new application regarding anti-profiteering.