Chapter - XV of CGST Rules, 2017
ANTI-PROFITEERING
RULE 137. Tenure of Authority (corresponding section 171)
The Authority shall cease to exist after the expiry of
3[five years]
[helldod old[2[four years]
helldod] [helldod old[two years]
helldod] from the
date on which the Chairman enters upon his office unless the Council recommends
otherwise.
Explanation.- For the purposes of this Chapter,
(a) 'Authority' means the National Anti-profiteering Authority constituted under
rule 122;
(b) 'Committee' means the Standing Committee on Anti-profiteering constituted by
the Council in terms of sub-rule (1) of rule 123 of these rules;
(c) 'interested party' includes
a. suppliers of goods or services under the proceedings; and
b. recipients of goods or services under the proceedings;
1[c. any
other person alleging, under sub-rule (1) of rule 128, that a registered person
has not passed on the benefit of reduction in the rate of tax on any supply of
goods or services or the benefit of input tax credit to the recipient by way of
commensurate reduction in prices.]
(d) 'Screening Committee' means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.