https://www.taxtmi.com/news?id=18483 A Selection Committee chaired by the Cabinet Secretary will recommend appointments to the National Anti-profiteering Authority, which must ensure tax reductions or input tax credit benefits are passed to consumers. The Authority, headed by a Secretary-level officer with four technical members, will act on applications examined by Standing and State Screening Committees, may refer matters to the Director General of Safeguards, and can order price reductions, return of undue benefits with interest, deposit of benefits into the Consumer Welfare Fund, impose penalties, or order cancellation of GST registration. en-us Tue, 25 Jul 2017 18:07:43 +0530 Tue, 25 Jul 2017 18:07:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18483 A Selection Committee chaired by the Cabinet Secretary will recommend appointments to the National Anti-profiteering Authority, which must ensure tax reductions or input tax credit benefits are passed to consumers. The Authority, headed by a Secretary-level officer with four technical members, will act on applications examined by Standing and State Screening Committees, may refer matters to the Director General of Safeguards, and can order price reductions, return of undue benefits with interest, deposit of benefits into the Consumer Welfare Fund, impose penalties, or order cancellation of GST registration. News - Tue, 25 Jul 2017 18:07:43 +0530 https://www.taxtmi.com/news?id=18483