{"id":24177,"date":"2021-12-11T18:00:09","date_gmt":"2021-12-11T18:00:09","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=24177"},"modified":"2026-04-07T17:15:38","modified_gmt":"2026-04-07T11:45:38","slug":"anti-profiteering-rules","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/anti-profiteering-rules\/","title":{"rendered":"Anti-Profiteering Rules: Complete Guide"},"content":{"rendered":"

As an anti-profiteering measure, it is required to pass on the benefit of a lower tax rate or an\u00a0input tax credit<\/a><\/strong> to the customer. On June 18, 2016, the GST Council announced the anti-profiteering guidelines. Anti-profiteering rules are required, as evidenced by experiences learned from other nations, which reveal that inflation and price increases occurred following the establishment of the GST. Singapore, for example, experienced a spike in prices after implementing GST in 1994. After the advent of the Goods & Services Tax<\/a><\/strong>, it becomes even more vital for Indian authorities to keep track of prices.<\/p>\n

India is following in the footsteps of many other countries by enacting anti-profiteering legislation at the retail level to protect customers from price gouging. The GST Act has been amended to include clause 171, which states that it is necessary to pass on the advantage of a lower tax rate or an input tax credit to the customer in the form of a price reduction.<\/p>\n

The anti-profiteering rules boil down to this: –<\/p>\n