Notification No. 19/2024 – CT: Provide for the Sunset Date

Answer:
Notification No. 19/2024 – Central Tax sets 1st April 2025 as the sunset date for the Anti-Profiteering Authority under Section 171 of the CGST Act, 2017. After this date, no new complaints will be accepted regarding whether input tax credits (ITC) or tax rate reductions have resulted in commensurate price reductions for consumers.
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Answer:
Section 171 of the CGST Act, 2017 ensures that any benefit from input tax credits (ITC) or reductions in GST rates is passed on to consumers by reducing prices. This section helped prevent businesses from pocketing tax benefits instead of transferring them to buyers.
With this notification, no new complaints can be filed regarding profiteering after 1st April 2025.
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Answer:
While new cases cannot be filed after 1st April 2025, the existing cases under the Anti-Profiteering Authority will continue until resolved. The pending investigations and orders will still be enforced as per existing procedures.
📌 Ensure proper GST documentation to avoid legal issues.

Answer:
The government believes that the initial need for anti-profiteering measures has been addressed, and with GST being well-established, market forces and competition will naturally regulate pricing. Other possible reasons include:
✔️ Reduced complaints over profiteering issues.
✔️ Efficient tax compliance framework already in place.
✔️ Shift toward AI-based GST monitoring and faceless compliance audits.
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Answer:
Businesses will no longer face investigations regarding whether they have passed on ITC benefits or GST rate cuts to consumers. However, they must still:
✔️ Maintain transparent pricing structures to avoid consumer disputes.
✔️ Update GST invoices and filing records for tax adjustments.
✔️ Follow general fair trade and consumer protection laws.
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Answer:
Possibly, as there will be no formal enforcement mechanism to ensure businesses pass on tax reductions. However, market competition is expected to regulate pricing, preventing undue profiteering.
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Answer:
Consumers can no longer file profiteering complaints under GST after 1st April 2025. However, they can still:
✔️ File complaints under the Consumer Protection Act if they believe they are overcharged.
✔️ Raise concerns through fair-trade authorities.
✔️ Use price comparison tools and demand transparency from businesses.
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Answer:
Businesses should:
✔️ Review pricing policies to ensure no discrepancies in tax reductions.
✔️ Maintain proper tax documentation for audits.
✔️ Continue filing accurate GST returns to avoid other compliance issues.
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Answer:
E-commerce platforms may need to:
✔️ Review pricing models to ensure transparency.
✔️ Reassess ITC calculations on GST-paid inputs.
✔️ Ensure proper consumer disclosures on price breakdowns.
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Answer:
Before 1st April 2025, businesses should:
✔️ Resolve any pending profiteering complaints.
✔️ Ensure compliance with existing anti-profiteering norms.
✔️ Prepare for audits or legal inquiries related to previous cases.
📌 Get a GST compliance audit from Finodha to avoid last-minute legal issues.

🚀 Notification No. 19/2024 – Central Tax marks the end of the Anti-Profiteering Authority from 1st April 2025, shifting the GST framework towards self-regulated market pricing. Businesses should ensure compliance with pricing transparency and update tax records accordingly.
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