Rule 128 of ‘Central Goods and Services Tax (CGST) Rules 2017’: Examination of Application by the Standing Committee and Screening Committee (Anti-Profiteering)
Provisions under Rule 128 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Examination of Application by the Standing Committee and Screening Committee (Anti-Profiteering)”, as per CGST (2nd Amendment) Rules 2017 notified by CBEC on 28 June 2017, applicable w.e.f. 1 July 2017, are as under:
CGST Rule 128: Examination of Application by the Standing Committee and Screening Committee (Chapter-XV: Anti-Profiteering)
(1) The Standing Committee shall, within a period of two months from the date of the receipt of a written application, in such form and manner as may be specified by it, from an interested party or from a Commissioner or any other person, examine the accuracy and adequacy of the evidence provided in the application to determine whether there is prima-facie evidence to support the claim of the applicant that the benefit of reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit has not been passed on to the recipient by way of commensurate reduction in prices.
(2) All applications from interested parties on issues of local nature shall first be examined by the State level Screening Committee and the Screening Committee shall, upon being satisfied that the supplier has contravened the provisions of section 171, forward the application with its recommendations to the Standing Committee for further action.