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No new anti-profiteering investigations under GST from April 1, 2025

  • 01 Oct 2024
  • Team Edukating
  • 203

From April 1, 2025, new anti-profiteering investigations under GST will cease, allowing businesses to set prices independently. Ongoing cases will continue, with the GST Appellate Tribunal taking over from the Competition Commission of India starting October 1, 2024.

Tax authorities will not accept any new investigation for anti profiteering cases under goods and services tax (GST) from the next financial year (2025-26).

The centre on Tuesday notified April 1, 2025 as a cut off date after which no new anti-profiteering investigations will be accepted, giving the business the autonomy to set prices for goods and services without the constraints of anti-profiteering regulations.

Source : https://economictimes.indiatimes.com/news/economy/policy/no-new-anti-profiteering-investigations-under-gst-from-april-1-2025/articleshow/113839510.cms?from=mdr

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