Non-compliance with Anti-profiteering Provisions should be Properly Inquired: NAA Chief

The Chairman-cum-ex-officio Secretary to the National Anti-Profiteering Authority ( NAA ) under GST Shri B.N. Sharma hold a review meeting on Anti-Profiteering efforts at Mumbai on 28th December 2018 with the members of Screening Committee and senior officers of CGST-Mumbai and Maharashtra State GST department.

In meeting the Chairman emphasized on the need of pro-active enquiries by GST field formation to ensure that effect of reduction of tax rates or benefit of ITC is being commensurately passed on to the consumers. He further added that any instance of non-compliance with the provisions of anti-profiteering should properly be inquired into and brought to the notice of NAA. He also discussed recent cases inquired and decided by the authority with the GST officials. It was impressed upon by the Chairman that whenever GST-rates are reduced by the government in favor of consumers, the GST field formations should make a study on prices pre and post rate change so as to ensure that benefit of such reduction is passed on to the consumers. The GST officials informed Chairman regarding inquiries being made by the department to ensure the compliance of anti-profiteering provisions.

Also Read: GST Collection drops to ₹94726 cr in December

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