National Anti-Profiteering Authority

  • Thread starter Thread starter Sushubh
  • Start date Start date
  • Replies Replies 14
  • Views Views 1,945
Sushubh

Sushubh

Admin
Staff member
Messages
406,867
Location
Gurgaon
ISP
Excitel
Airtel
GST anti-profiteering authority gets Cabinet nod: It is real now and so are the fears of harassment

At a television panel discussion which this writer was also part of just before the launch of GST, Adhia said this would not be used against small businesses, especially retailers. So, one cannot go to the NAA that a neighbourhood department store was not reducing prices. This was, he said, to serve only as a warning to large companies which were not passing on tax cut benefits – We are watching you.

But there is nothing in the rules (indeed, there cannot be) that distinguish between big and small players. It says an interested party can write to the Standing Committee and Screening Committee with a complaint about prices not being reduced. And `interested party’ is defined merely as suppliers/recipients of goods and services.
Click to expand...
 
This is nothing but an eye wash just to fool people....

or just another authority as good as catching ghosts.....

if anyone is at fault it is this Modi Govt....... how can any business/ retailer change rates and packing so fast and frequently....... and further more who can assure that down the line these bunch of fools will not revise tax rate or policies....
 
Not to forget every return has cess column.... this is meant to add cess in future!!
 

Top