Price Monitoring and Control under GST

dc.contributor.author	Sthanu R Nair
dc.contributor.author	Leena Mary Eapen
dc.date.accessioned	2018-02-06T06:58:53Z
dc.date.available	2018-02-06T06:58:53Z
dc.date.issued	2017-06-24
dc.identifier.uri	http://hdl.handle.net/2259/965
dc.description	Economic and Political Weekly, Vol. 52, Issue No. 25-26, 24 Jun, 2017	en_US
dc.description.abstract	The Central Goods and Services Tax Act, 2017 has an “anti-profiteering” clause aimed at ensuring that businesses pass on tax rate cuts and cost savings resulting from the adoption of GST to the consumers. In this context, Australia’s experience with price monitoring and control during the GST transition period is looked at to draw lessons for India. It is eminently possible to institute a comprehensive and effective price monitoring and control mechanism in India to enable benefits to consumers under the GST regime. However, the anti-profiteering rules in their present form have some lacunae and may not produce the desired results of containing profits and, thereby, price rise....	en_US
dc.language.iso	en	en_US
dc.publisher	Economic and Political Weekly	en_US
dc.subject	GST	en_US
dc.subject	Goods and Services Tax	en_US
dc.subject	Price Monitoring	en_US
dc.title	Price Monitoring and Control under GST	en_US
dc.type	Article	en_US