GST Anti-Profiteering: The Methodology Conundrum

In the Goods and Services Tax regime, National Anti-profiteering Authority has an innocuous mandate – to ensure that businesses pass on the benefit of reduction in the rate of tax or input tax credit to consumers. Over three years down the GST lane, NAA, however, perhaps has single-handedly managed to contribute to a high number of litigations. Huge demands have been raised against business in alm…