National Anti-Profiteering Authority Current Affairs - 2019

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Badri Narain Sharma reappointed NAA Chief

Appointments Committee of Cabinet, chaired by Prime Minister Narendra Modi, has reappointed Badri Narain Sharma as chairman of National Anti-profiteering Authority (NAA) for 2 years. B N Sharma a 1985-batch IAS officer from Rajasthan was due for retirement on August 2019. About National Anti-profiteering Authority (NAA) NAA was constituted in 2017. It ensures that consumers Read More…

Month:  Categories: Persons in News

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Delhi HC stays fine on HUL for GST profiteering

On the plea by Hindustan Unilever Ltd (HUL) against the order given by the National Anti-profiteering Authority (NAA), the Delhi High Court has stayed the fine imposed on HUL. Why the HUL has sought a review? The HUL has sought the review of the order of NAA before the Delhi High Court based on the Read More…

Month:  Categories: Business, Economy & Banking

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HUL found guilty of Profiteering Rs 383 crore

National Anti-profiteering Authority (NAA) assessment has revealed consumer goods maker Hindustan Unilever Ltd (HUL) allegedly profiteering to the extent of Rs 383 crore after the large-scale goods and services tax (GST) rate cut last November. The National Anti-profiteering Authority (NAA) has asked HUL to deposit Rs 223 crore in central and state consumer welfare funds Read More…

Month:  Categories: Business, Economy & Banking

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Badri Narain Sharma appointed as Chairman of National Anti-Profiteering Authority

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. Sharma is 1985 batch IAS officer of Rajasthan cadre. Prior to this appointment, he was additional secretary in Department of Revenue, Finance Ministry. Background The Union Cabinet Read More…

Month:  Categories: Persons in News

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Union Cabinet approves setting up National Anti-profiteering Authority

The Union Cabinet approved setting up of National Anti-Profiteering Authority (NAA), an apex body with an overarching mandate under Goods and Services Tax (GST) regime so as to ensure the benefit of tax reaches consumers. It also approved creation of posts of Chairman and Technical Members of National Anti-profiteering Authority (NAA) under GST regime. National Read More…

Month:  Categories: Governance & Politics

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