National Anti-Profiteering Authority

Sushubh

Administrator
[OP]
Oct 29, 2004
420,573
13,129
Gurugram
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.
 

ijsa

Regular
Regulars
May 3, 2008
1,719
182
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....
 

amish

Star gazer
Regulars
Jul 3, 2006
24,768
1,083
Mumbai
Not to forget every return has cess column.... this is meant to add cess in future!!
 


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