No new anti-profiteering cases from FY26 as GST tribunal takes over
From the first day of next fiscal year - Fiscal Year 2025-26 (FY26) – no fresh case of anti-profiteering will be registered. Also, from Tuesday, the Principal Bench of GST Appellate Tribunal (GSTAT) will hear anti-profiteering complaints in place of Competition Commission of India (CCI).
Based on the recommendation of the GST Council, the Central Board of Indirect Taxes and Customs (CBIC) has notified changes that mark the end of the anti-profiteering mechanism with the beginning of the ninth year of GST.
“The Central Government, on the recommendations of the Goods and Services Tax Council, hereby appoints the 1st day of April, 2025 as the date from which the Authority referred to in the said section shall not accept any request for examination as to 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 that registered person,” a notification by CBIC said while adding that it will come into force on the date (September 30, 2024) of its publication in the Official Gazette.
