Newsletter/Booklets 29th Aug 2018

Anti-profiteering provisions under GST: Analysing the emerging paradigm

Latest Thought Leadership

international trades
Alerts & Updates 22nd May 2026

U.S. OFAC Enforcement – Adani Enterprise Limited

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Newsletter/Booklets 22nd May 2026

Recent Developments in Direct & Indirect Tax

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Alerts & Updates 22nd May 2026

Consent Manager under the DPDP Act: A New Institutional Layer for India’s Data Protection Regime

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Investment Funds
Alerts & Updates 20th May 2026

Pledging of securities of Non-Discretionary Portfolio Management Services clients – Informal Guidance by SEBI

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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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