Anti-Profiteering under GST: The Unruly Horse

Author: Mohit Sharma, Institute of Law, Nirma University.

Section 171 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) provides for the Anti-profiteering measure which provides that any reduction in the tax rate on any supply of goods or services or the benefit of input tax credit (“ITC”) shall be passed…

Explained: What is VAT?

Author: Meher Mansi from School of Law, Christ University, Bangalore.

On April 22nd, a litre of fuel went up by almost ₹6 in Assam despite global fuel prices hitting rock bottom, due to increase in VAT. There was a notification issued increasing the rates of tax on diesel and petrol, which stated that tax rates were increased under the…