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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7 Cooperage Road, Mumbai - 400 001.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
* E-mail : info@chemexcil.gov.in Web : https://chemexcil.in
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EPC/LIC/GST/Anti-Profiteering
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7th Dec 2017
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ALL MEMBERS OF THE COUNCIL
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GST
Anti-profiteering Measures by the Government
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Dear Members,
We understand that the Government is committed to ensure that all the consumers enjoy the benefit of lower prices of goods and services under GST.
Under GST, suppliers of goods and services are supposed to pass on any reduction in the rate of tax or the benefit of input tax credit to consumers by way of commensurate reduction in prices. If this is not done, the consumer's interest is protected by the National Anti-profiteering Authority.
Affected consumers may file an application, in the prescribed format, before the Standing Committee on Anti-profiteering if the profiteering has all-India character OR before the State Screening Committees if the profiteering is of local nature.
Contact for further details:
Standing Committee on Anti-profiteering,
Second Floor, Bhai Vir Singh Sahitya Sadan,
Bhai Vir Singh Marg, Gole Market, New Delhi -110001.
Tel No.: 011-2371537, Fax No.: 011-23741542
Email: anti-profiteering@gov.in
Further, the CBEC presentation on mechanism anti-profiteering and format for filing application are available on the below links-
http://www.cbec.gov.in/resources//htdocs-cbec/gst/adv_GST.pdf
http://www.cbec.gov.in/resources//htdocs-cbec/gst/format_%20for_filing_anti-profiteering_application_new.pdf
Members are requested to take note of these measures and do the needful accordingly. Issues, if any, may be brought to the notice of the council (ed@chemexcil.gov.in & deepak.gupta@chemexcil.gov.in).
Thanking you,
Yours faithfully,
S.G BHARADI
EXECUTIVE DIRECTOR
CHEMEXCIL
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