Economics · Taxation in India
Under the Goods and Services Tax (GST) framework in India, the statutory mechanism to ensure that any reduction in the tax rate or benefit of input tax credit is passed on to the consumer via a commensurate reduction in prices is called the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Price neutralization measure
- 2Anti-profiteering measure✓
- 3Price reduction measure
- 4Anti-evasion measure
Correct answer
Anti-profiteering measure
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