The Anti-Profiteering Authority plays a crucial role in ensuring that any reductions in tax rates or input tax credits are passed on to consumers through price reductions. This authority is responsible for verifying that businesses reflect these tax benefits in their pricing. They also identify non-compliance and can take enforcement actions, such as ordering refunds to consumers or imposing penalties on businesses that fail to comply. Essentially, their mandate is to protect consumer rights and maintain fair pricing practices in the market.

The members of the Anti-Profiteering Authority, including the Chairman and Technical Members, are appointed by the Central Government. This process is based on recommendations from a specially appointed Selection Committee that evaluates candidates for their qualifications and experience in tax administration. The Chairman is expected to have experience equivalent to a Secretary in the Government of India, while Technical Members are typically individuals with extensive backgrounds in tax-related roles, ensuring that the authority is well-equipped to handle its responsibilities.

The Anti-Profiteering Authority is structured to include a Chairman, who oversees its functions, and four Technical Members. These members are typically experienced tax administrators, ensuring that the authority operates with a deep understanding of tax laws and business practices. This diverse and knowledgeable composition is designed to provide balanced oversight and effective enforcement of anti-profiteering regulations under the CGST Act.

The Standing Committee on Anti-Profiteering, established by the Council, is responsible for reviewing applications related to anti-profiteering claims. This committee includes representatives from both State and Central Governments, promoting collaboration in regulatory enforcement. They evaluate evidence presented in claims within a two-month timeframe to determine if there is a sufficient basis for action. This structured review process is essential for ensuring fairness and transparency in the enforcement of anti-profiteering measures.

To ensure compliance with anti-profiteering regulations, businesses should closely monitor any changes in tax rates and input tax credits. They need to adjust their pricing strategies accordingly to reflect these changes and pass on benefits to consumers. Regular internal audits can help verify that price adjustments align with tax reductions. Additionally, businesses should stay informed about the guidelines set by the Anti-Profiteering Authority and participate in training or workshops on compliance to avoid potential penalties for non-compliance.

Businesses that fail to comply with anti-profiteering regulations may face serious consequences, including financial penalties and mandatory refunds to consumers. The Anti-Profiteering Authority has the power to enforce these penalties if they identify that a business has not passed on tax benefits to consumers. This could harm the business's reputation and lead to a loss of consumer trust. Therefore, it’s crucial for businesses to adhere to these regulations to avoid legal issues and maintain good relations with their customers.

The members of the Anti-Profiteering Authority receive fixed salaries along with allowances. The Chairman earns a monthly salary of ₹2,25,000, which is in line with other Central Government officers at a similar level. Technical Members receive a monthly salary of ₹2,05,400. If any member is a retiree, their pension amount will be deducted from their salary. This compensation structure is designed to attract qualified individuals who can effectively fulfill the authority's critical responsibilities.

Consumers can report non-compliance with anti-profiteering regulations by submitting their complaints to the Anti-Profiteering Authority. This process usually involves providing evidence that a business has not passed on tax benefits through appropriate price reductions. Consumers can typically find the necessary forms and guidelines on the authority's official website. It's important for consumers to document their findings thoroughly, as this can help facilitate the review process and ensure that their claims are taken seriously.