Anti-Profiteering Rules Under GST: Compliance, Penalties Mechanism | RegisterKaro
Learn about anti-profiteering under GST, its impact, penalties, compliance measures and GST consumer benefits. Complete guide for businesses.The introduction of the Goods and Services Tax (GST) in India was a landmark reform aimed at simplifying the taxation system and offering benefits to both consumers and businesses. GST, by unifying various indirect taxes, aimed to create a seamless tax structure that promotes economic growth. However, to safeguard consumer interests and ensure fair market practices, the government introduced anti-profiteering GST rules under Section 171 of the CGST Act, 2017.
