Question

Which of the following statement is not correct about ‘National Antiprofiteering
Authority (NAA)’?
A. Mandate of this body is to ensure the benefits of the reduction in GST
rates on goods or services are passed on to the consumers by way of a
reduction in prices.
B. The NAA was established as an arm of Competition Commission of India
(CCI).
C. It has the authority to order the supplier/business concerned to reduce
its prices or return the undue benefit availed by it along with interest to
the recipient of the goods or services.
D. The NAA can impose a penalty on the defaulting business entity and
even order the cancellation of its registration under GST.

Answer 1

option a is not correct..!!