The National Anti-Profiteering Authority ( NAA) has been constituted under Section 171 of the Central Goods and Services Tax Act, 2017 to ensure that the reduction in the rate of tax or the benefit of the input tax credit is passed on to the recipient by way of commensurate reduction in prices. Further, the following steps have been taken by the NAA to ensure that customers get the full benefit of tax cuts:
A number of complaints regarding companies not passing on the full benefits of tax cuts to consumers have been received by the National Anti-Profiteering Authority (NAA). The details are as follows:
Complaints received by the NAA in 2018
Month | Received on | Received by e-mail | Received by post | Total |
NAA portal | ||||
April | 9 | 0 | 1 | 10 |
May | 7 | 0 | 1 | 8 |
June | 4 | 2 | 2 | 8 |
July | 62 | 3 | 2 | 67 |
August | 64 | 6 | 4 | 74 |
September | 64 | 0 | 1 | 65 |
October | 43 | 44 | 6 | 93 |
November | 16 | 18 | 1 | 35 |
This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha today.