Empowerment of Competition Commission of India to handle anti-profiteering cases under APGST Act, 2017 with effect from 01.12.2022 - G.O.MS.No.1 - Andhra Pradesh SGST

GOVERNMENT OF ANDHRA PRADESH ABSTRACT The Andhra Pradesh Goods and Services Tax Act, 2017 Empowerment of Competition Commission of India to handle anti-profiteering cases under APGST Act, 2017 with effect from 01.12.2022 - Orders Issued. REVENUE (COMMERCIAL TAXES-II) DEPARTMENT G.O.MS.No.1 Dated: 02-01-2023 Read the following: 1. The Andhra Pradesh Goods and Services Tax Act, 2017(Act No.16 of 2017) published in Extra-ordinary issue of Andhra Pradesh Gazette No.16, Part IV.B., Dt.07.06.2017 2. From the Government of India, Ministry of Finance, Department of Revenue, Central Board of Indirect Tax Customs, Notification No.23/2022-Central Tax, dated 23.11.2022 **** ORDER: The following notification will be published in an Extra-ordinary issue of the Andhra Pradesh Gazette, Dated: 02-01-2023 NOTIFICATION In exercise of the powers conferred by sub-section (2) of section 171 of the Andhra Pradesh Goods and Services Tax Act, 2017 (Act No.16 of 2017), the Government of Andhra Pradesh, on the recommendations of the Goods and Services Tax Council, hereby empowers the Competition Commission of India established under sub-section (1) of section 7 of the Competition Act, 2002 (12 of 2003), to examine whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by him. 2. This notification shall come into force with effect from 1st day of December, 2022. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) N. Gulzar Secretary to Government