CCI to look into anti-profiteering steps under GST, replace NAA from Dec

The decision comes at a time when 50-odd cases against the constitutional validity of NAA have been clubbed and are being heard in the Delhi High Court

Starting next month, the Competition Commission of India (CCI) will look into anti-profiteering measures under the Goods and Services Tax (GST), replacing the National Anti-profiteering Authority (NAA).  Experts say the CCI will have to address the challenge of  finding appropriate methodology to gauge profiteering and quantum of penalty over which NAA is embroiled with litigation in courts.   

A notification to this effect was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Wednesday.

Apart from omitting and adding rules, the notification says, "The central government, on the recommendation of the Goods and Services Tax Council, hereby empowers the