CMA Final · Indirect Tax Laws and Practice · Anti-profiteering
The Director General of Anti-profiteering received a reference on 10 January. He has obtained the maximum extension permitted under the CGST Rules for recorded reasons. Counting from the date of receipt, the maximum total period available to complete the investigation is:
The maximum is nine months. The base period is six months, and the Authority may allow a further period not exceeding three months for reasons recorded in writing, giving 6 plus 3 equals nine months from receipt of the reference.
- ASix months
- BNine monthsCorrect
- CTwelve months
- DThree months
Explanation
Rule 129(6) gives six months, extendable by a further period not exceeding three months for reasons recorded in writing as allowed by the Authority. Total maximum is 6 + 3 = 9 months. Twelve months wrongly doubles the base period.
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