Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / India News / IAS Sharma appointed as Chairman of National Anti-Profiteering Authority
  • India

    IAS Sharma appointed as Chairman of National Anti-Profiteering Authority

    Krunali Shah
    Written by
    Krunali Shah
    Mail
    Last updated on Nov 28, 2017, 06:40 pm
    IAS Sharma appointed as Chairman of National Anti-Profiteering Authority
  • After the cabinet gave approval to create the posts of chairman and other technical members of the National Anti-profiteering Authority (NAA) under GST, government began the process.

    They have appointed senior IAS officer Badri Narain Sharma as the chairman of the newly-constituted NAA.

    The NAA has been constituted to ensure that the benefits of GST rate reduction pass on to consumers. Here's more!

  • In this article
    Who is BN Sharma? How will the anti-profiteering authority work? What powers does the NAA have?
  • Personal

    Who is BN Sharma?

  • BN Sharma is a 1985-batch IAS officer of the Rajasthan cadre. He is currently posted as Additional Secretary in the Revenue department. He has been closely associated with GST's formulation and implementation. As NAA Chairman, Sharma will have the rank and pay of a Secretary.

  • Working

    How will the anti-profiteering authority work?

    How will the anti-profiteering authority work?
  • As part of the GST's anti-profiteering mechanism, local complaints will be sent to state-level screening committees and those at the national level will be addressed by a standing committee.

    If the complaints are valid, they will be sent for further investigation to the Directorate General of Safeguards.

    DG Safeguards will take maximum 3 months to investigate the complaint and send a report to NAA.

  • Powers

    What powers does the NAA have?

    What powers does the NAA have?
  • If the NAA finds a company guilty of not passing GST benefits to consumers, it will direct them to pay up.

    If the beneficiary is unidentifiable, the company will transfer the said amount to the "consumer welfare fund" within a particular time-frame.

    As a last resort, the NAA also has the power to cancel the registration of an entity or business.

  • India
  • Rajasthan
  • GST Council
  • GST
  •  
Latest News
  • 'Mumbai Saga' trailer: A screaming John locks horns with Emraan
    'Mumbai Saga' trailer: A screaming John locks horns with Emraan
    Entertainment
  • Facebook COO Sheryl Sandberg pens 'open love letter' to fiance
    Facebook COO Sheryl Sandberg pens 'open love letter' to fiance
    Entertainment
  • Ameesha Patel accused of fraud, gets two weeks to respond
    Ameesha Patel accused of fraud, gets two weeks to respond
    Entertainment
  • IPL 2021: BCCI eyeing several venues to conduct the tournament
    IPL 2021: BCCI eyeing several venues to conduct the tournament
    Sports
  • Redmi Note 10 smartphone's design, cameras revealed in first look
    Redmi Note 10 smartphone's design, cameras revealed in first look
    Science
Trending Topics
ISRO Vaccine Farmers Protest Bharat Bandh
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love India news?

Subscribe to stay updated.

India Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Indian Premier League Samsung Flipkart Virat Kohli
Rohit Sharma Cricket News YouTube Hollywood News WhatsApp Bollywood News ISRO Yoga Honda Batman
Football News BMW Vaccine Reliance Jio OPPO Food News, Healthy Recipes Royal Challengers Bangalore Toyota Fashion Tips Farmers Protest
Mercedes Barcelona La Liga Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV Smart TV Bharat Bandh Deadpool
Marvel Comics Avengers Neha Kakkar Premier League
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021