Question: Who has recently been appointed as the new chairman of the National Anti-profiteering Authority (NAA) under the GST?
(a) B.N Sharma
(b) J.S. Deepak
(c) Sushil Chandra
(d) V.N. Sarna
Answer: (a)
Related Facts:
- On November 28, 2017, the Central Government appointed senior IAS officer B. N. Sharma as the new chairman of National Anti-Profiteering Authority under GST.
- In addition, the Central Government appointed four other technical members in the authority to assist the chairman.
- All these are senior officers of the rank of Joint Secretary or above.
- These members are JC Chauhan Chairman, Tax Tribunal, Himachal Pradesh, Vijay Kumar Chief Commissioner GST, Kolkata, C.L Mahar, Chief Commissioner GST, Kolkata and R. Bhagyadevi ADG, Systems, Chennai.
- The tenure of all the members including the chairman will be 2 years.
- It is mention worthy that the tenure of the Authority will be two years from the date of assuming the post of the chairman.
- It is significant that after the decision of a committee headed by Cabinet Secretary Pradeep Kumar Sinha, the decision was taken by the Central Government on the appointment of the Chairman of the Authority and its members.
- This authorization will be responsible for implementing measures against profits in the event of a reduction in GST rate on the supply of goods or services, or if the proportional reduction in prices does not given the benefit of input tax credit to the recipient.
Reference:
http://www.thehindubusinessline.com/economy/policy/gst-bn-sharma-appointed-chairman-of-national-antiprofiteering-authority/article9975506.ece
http://www.business-standard.com/article/economy-policy/b-n-sharma-appointed-as-chairman-of-national-anti-profiteering-authority-117112800691_1.html