GST Safar

Notification No 19/2024-Cessation of Authority to Examine Input Tax Credit Impact on Prices

Notification No 19/2024

Summary of Notification No 19/2024

Notification No 19/2024 states that, from 01-04-2025, the authority under section 171(2) will not accept any request for examination as to whether input tax credits availed by any registered person or the reduction in the tax rate have actually resulted in a commensurate reduction in the price of the goods or services or both supplied by that registered person.

This notification shall come in to force from 30-09-2024.

Download – Notification 19/2024

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