Authority's orders favour firms for anti-profiteering in times of GST

The NAA is currently looking into 50 complaints and will issue the orders in the coming weeks

Allaying industry’s apprehensions, all three orders passed by the National Anti-Profiteering Authority under the goods and services tax (GST) regime have so far gone in favour of companies.

In its latest order, the five member NAA has dismissed complaint against elevator manufacturer Schindler India for charges of profiteering filed by a Delhi business. The complaint pertained to charging of service tax on the payment made to Schindler India before GST implementation on July 1, 2017 and GST for the payment installments made in July when the installation took place. 

However, since elevators were delivered to the firm before July 1,