Union Cabinet approves setting up National Anti-profiteering Authority
Posted on:19 Nov 2017 09:00:01
Free Current Affairs to Your Email
19 November 2017 Current Affairs: The Union Cabinet Affairs approved setting up of National Anti-Profiteering Authority (NAA), an apex body with an overarching mandate under Goods and Services.
It also approved the creation of posts of Chairman and Technical Members of National Anti-profiteering Authority (NAA) under GST regime.
The NAA is tasked with ensuring full benefits of reduction in tax on supply of goods or services flow to consumers. It is responsible for applying antiprofiteering measures in event of reduction GST rate on the supply of goods or services or if the benefit of input tax credit is not passed on to recipients.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.