Anti-Profiteering body will push companies to pass on GST benefits to consumers

The Union Cabinet on Thursday approved setting up of the proposed National Anti-profiteering Authority (NAA) under the goods and services tax (GST) to ensure consumers get the benefit of lower taxes under the new indirect tax regime. The decision came a day after the reduction in the GST rate on over 200 items came into force. The government said the Cabinet decision was “following up immediately…