Newsletter/Booklets 29th Aug 2018

Anti-profiteering provisions under GST: Analysing the emerging paradigm

Latest Thought Leadership

Alerts & Updates 22nd Sep 2026

Sanctions Update – Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 and Implications for India

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international trades
Newsletter/Booklets 22nd Sep 2026

Trade Newsletter: August 2026

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Alerts & Updates 21st Sep 2026

EPFO WAGE CEILING INCREASED FROM INR 15,000 TO INR 25,000 PER MONTH

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Alerts & Updates 15th Sep 2026

SEBI Consultation Paper on “Applicability of IT & Cyber Security Framework of MIIs to their Subsidiaries”

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Section 171 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) mandates that any reduction in rate of tax on any supply of goods or services or benefit of input tax credit is required to be passed on to the recipient by way of commensurate reduction in prices. In terms of the FAQs issued by the National Anti-Profiteering Authority (“NAA”), the willful action of not passing of the said benefits to the recipient amounts to “profiteering”.

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