The authority was established for an initial period of two years to ensure that the benefits of reduction in the GST rates and input tax credits are passed on to the consumers
Zero cases disposed of in Q1 after NAA gets subsumed into CCI
Currently, there is no appellate mechanism in place for rulings by the GST authorities and a group of ministers is deliberating on it
The decision comes at a time when 50-odd cases against the constitutional validity of NAA have been clubbed and are being heard in the Delhi High Court
The proposed amendments will require the GST Council's approval
No structured guidelines for firms to avoid profiteering; standard method to compute undue profits, say experts
No consensus on questions to be raised, court decides to hear them all
Did not pass on the benefit of reduced GST rates to consumers to the tune of Rs 1.04 crore and escaped penalty
The NAA also directed that a show cause notice be served on the company seeking an explanation as to why penalty should not be imposed on it
With the National Anti-Profiteering Authority's (NAA's) tenure coming to an end in November according to the two-year sunset clause, the case for extension will be taken up by the council
Consumers can file a profiteering complaint on the NAA website along with pre and post GST rate cut MRP of the goods or services purchased