CMA Final · Indirect Tax Laws and Practice · Anti-profiteering
Under the CGST Rules, 2017 dealing with anti-profiteering proceedings, within what period must the Director General of Anti-profiteering complete the investigation after receiving the reference from the Standing Committee, and what is the maximum further extension allowed?
The Director General must finish within six months of receiving the Standing Committee's reference. An extension is possible for reasons recorded in writing, as allowed by the Authority, but it cannot exceed a further three months. The older three-month limit has been replaced by six months.
- AThree months, extendable by a further three months
- BSix months, extendable by a further period not exceeding three monthsCorrect
- CSix months, extendable by a further period not exceeding six months
- DTwelve months, with no extension permitted
Explanation
Rule 129(6) requires the Director General to complete the investigation within six months of receiving the reference, or within an extended period not exceeding a further three months for reasons recorded in writing, as allowed by the Authority. The earlier three-month period was substituted by six months. The option of three plus three reflects the superseded period.
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