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As per Anti Profiteering, Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices.

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Syllabus: (with weightage)

A. Canons of Taxation - Indirect Tax GST 80%
B. Customs Laws 20%

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CMA Intermediate Exam: Direct Taxation

CMA Intermediate Exam: Direct Taxation 2 (Fill Blanks)


As per Anti Profiteering, Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices.






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