4[The Authority shall cease to exist after the expiry of 1 3[five years] from the date on which the Chairman enters upon his office unless the Council recommends otherwise.]
Explanation.- For the purposes of this Chapter,
5[(a) “Authority” means the Authority notified under sub-section (2) of section 171 of the Act;]
(b) “Committee” means the Standing Committee on Anti-profiteering constituted by the Council in terms of sub-rule (1) of rule 123 of these rules;
2[(c) any other person alleging, under sub-rule (1) of rule 128, that a registered person has not passed on the benefit of reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit to the recipient by way of commensurate reduction in prices.]
(d) “Screening Committee” means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.
  1. Substituted vide Notification No. 33/2019-CT dated 18th July, 2019 w.e.f. 18-7-2019, earlier read as “two years”
  2. Substituted vide Notification No. 14/2018-CT dated 23th Mar, 2018, w.e.f. 23-3-2018, before it read as –
    (c) “interested party” includes
    1. suppliers of goods or services under the proceedings; and
    2. recipients of goods or services under the proceedings;
  3. Substituted vide Notification No. 37/2021-CT dated 1st December, 2021, w.e.f. 30-11-2021, earlier read as “four years”
  4. Omitted vide NN 24/2022-CT dated 23rd November, 2022, w.e.f 1-12-2022.
  5. Substituted vide NN 24/2022-CT dated 23rd November, 2022, w.e.f 1-12-2022, earlier read as ““Authority” means the National Anti-profiteering Authority constituted under rule 122;”