Will anti-profiteering authority established under GST cease to exist?
The National Anti-Profiteering Authority (NAA) is a statutory body established under the GST law to regulate registered suppliers' unfair profiteering practices. The Authority's principal mission is to ensure that the benefits of the GST Council's reductions in GST rates on goods and services, as well as the input tax credit, are passed on to receivers via corresponding price reductions by supplie…