If you are aware of any firm who is raising prices after reduction in Goods and Services Tax (GST) or
Recently, for filing such complaints the government has notified a format.
As per the experts, filing an anti-profiteering complaint is a troublesome task for the people in the streets.
The format requires details on input tax credit, Harmonized System of Nomenclature code and GSTIN of a company along with self-attested copies of every documentary evidence such as proof of identity, invoice and price, and a declaration by the complainant that all information furnished is true and that due diligence has been exercised in submitting such information.
The anti-profiteering structure has a three-tiered framework, with state-level screening committees and a standing committee at the national level forming the first level of examination of complaints.
If these committees find a prima facie case after a preliminary examination, the matter will be referred to the Director General of Safeguards for a detailed investigation.
The director general will investigate the company’s balance sheet and the allegations levelled. The investigation report will then go to the National Anti-Profiteering Authority for the final decision.
Source: Economic Times