Central Goods and Services Tax (GST) Act, 2017
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National Anti-Profiteering Authority (NAA):
- National Anti-Profiteering Authority (NAA) has been constituted under Section 171 of the Central Goods and Services Tax (GST) Act, 2017.
- NAA is the institutional mechanism under GST law to check the unfair profit-making activities by the trading community.
- NAA was aimed to ensure that the reduction in rate of tax or the benefit of input tax credit is passed on to the recipient by way of commensurate reduction in prices.
- NAA consists of a chairman, along with 4 Technical members and a Standing Committee.
- NAA has a Screening Committee in every state.
Functions of NAA:
- To ensure that traders are not realizing unfair profit by charging high price from consumers in the name of GST.
- To examine and check such profiteering activities and recommend punitive actions including cancellation of Registration.
Steps taken by the NAA to ensure that customers get the full benefit of tax cuts:
- Holding regular meetings with the Zonal Screening Committees and the Chief Commissioners of Central Tax to stress upon consumer awareness programmes.
- Launching a helpline to resolve the queries of citizens regarding registration of complaints against profiteering.
- Receiving complaints through email and NAA portal.
- Working with consumer welfare organizations in order to facilitate outreach activities.