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Badri Narain Sharma appointed as head of GST anti-profiteering body
November 30 , 2017
2405 days
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- The Appointments Committee of the Cabinet (ACC) has appointed senior bureaucrat Badri Narain Sharma as Chairman of National Anti-Profiteering Authority (NAA) under Goods and Services Tax (GST) regime.
- The post is equal in the rank and pay of secretary to the government of India.
- Sharma, a 1985 batch IAS officer of Rajasthan cadre, is at present additional secretary in the department of revenue.
- The Union Cabinet had earlier approved setting up of the five-member authority, mandated to ensure that the benefits of GST rate reductions are passed on to consumers.
- As per the structure of the anti-profiteering mechanism in the GST regime, complaints of
- local nature will be first sent to the state-level screening committee,
- national level will be marked for the standing committee.
- The authority will have the power to cancel registration of any entity or business if it fails to pass on to consumers the benefit of lower taxes under the GST regime.
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