GST landscape alarmed: Profiteering concerns pose key challenges for India Inc

It was widely perceived that the anti-profiteering mechanism set up under the GST regime was an initial nudge aimed to ensure that companies passed on the 'benefit' - be it a fall in tax rates, or an enhanced input tax credit - arising from the GST roll-out to the end consumer by way of commensurate reduction in prices. The adjudicating authority, National Anti-Profiteering Authority (NAA)…