National Anti-profiteering Authority under GST

GST Council forms a Selection Committee of the National Anti-profiteering Authority under GST

Question: Recently on which date the Union Cabinet approved the establishment of a National Anti-profiteering Authority under GST?
(a) November 15, 2017
(b) November 18, 2017
(c) November 10, 2017
(d) November 16, 2017
Answer- (d)
Related Facts:

  • On November 16th, 2017, Union Cabinet approved the establishment of National Anti-Profit Authority (NAA) under the goods and services tax (GST).
  • Approval for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST has also given.
  • This authority aimed at reassuring consumers that Government is fully committed to take all possible steps to ensure the benefits of implementation of GST in terms of lower prices of the goods and services reach them.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=173563