Gst's Anti-profiteering Body
Explainer: Why govt disbanded the NAA and why GST 2.0 may revive it
The Centre is considering reviving anti-profiteering provisions for two years to ensure consumers benefit from GST rate cuts
 "Explainer: Why govt disbanded the NAA and why GST 2.0 may revive it")
GST regime: Anti-profiteering body likely to be under CBEC framework
The proposed anti-profiteering body under the goods and services tax (GST) regime is likely be set up under the framework of a restructured Central Board of Excise and Customs (CBEC). And, have both state and central officials. The Centre's proposal on the structure is to be taken for discussion in the GST Council meeting on June 3. The meet, to be chaired by Finance Minister Arun Jaitley, will also discuss the proposed rates for nine residual commodities -- puja essentials, handicrafts, precious stones, precious metals, textiles, footwear, agricultural implements and biscuits. It is also expected to take up the demand of the hybrid car industry, railways and some other key sectors, including fast moving consumer goods (FMCG), to revise rates.In the proposal till now, the anti-profiteering entity is likely to be headed by an officer of the rank of chief commissioner. "It is almost final that the body will be set up under the CBEC framework. We are yet to decide the level at which the .
 "GST regime: Anti-profiteering body likely to be under CBEC framework")
