CBIC extends time limit for completion of anti-profiteering

The Central Goods and Services Tax Rules, 2017 provide time limits for the examination of anti-profiteering applications by the Standing committee, completion of investigation by the Director General of Anti-profiteering and passing of order by the National Anti-profiteering Authority. In a recent notification Central Board of Indirect Taxes and Customs (CBIC) has extended the time limit for completing anti-profiteering related actions by the Authority constituted under GST. As per the Notification, where the time limit for completion or compliance of any anti-profiteering related action by any Authority, falls during the period 20 March 2020 to 30 March 2021, the same shall be extended till 31 March 2021. Refer to the notification here. For further details please reach us here