Sunday, 20 June 2021

Anti-profiteering

 Anti-profiteering


a)  What is the meaning of anti-profiteering under GST?

b)  Legal provisions in GST Act relating to Anti profiteering – sec 171.

c)  What is the category of goods and services where rates were brought down? – vehicles.,

d)  What were the prices before transition to GST on monthly basis for each of the month for the last one year?

e)  What prices were charged after transition to GST for each of the month?

f)   What were the authenticated costs of each of the product or services before transition?

g)  What were the authenticated costs of each of the product or services after transition?

h)  Companies Act, 2013: Matters falling under Section 148 –

(i) Framing policy framework for cost accounting records and cost audit in the corporate sector.

(ii) Identification of class of companies i.e., the industries/sectors for inclusion/exclusion under the provisions of section 148 of the Companies Act, 2013.

(iii) Prescription of order/rules for maintenance of cost records and cost audit thereof by Companies including review, rationalization and amendment or modification of the existing ones.

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