GST officers to ensure companies pass on benefits to the consumers

The national anti-profiteering authority has asked CBIC to instruct commissioners to proactively carry out checks on companies and businesses for profiteering

Weeks after goods and services tax (GST) rate reduction on over 100 items including consumer durables, the anti-profiteering watchdog has asked GST officers to keep a close tab on businesses to ensure benefits are passed on to end consumers. 
 
However, tax experts cautioned that it could lead to harassment of taxpayers at the ground level if not done in a judicious manner. 
 
The national anti-profiteering authority has asked the central board of indirect taxes and customs (CBIC), the nodal department for GST, to instruct commissioners to proactively carry out checks on companies and businesses for profiteering.
 
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