Undue profit of over â¹1cr to come under GST authority's lens
The proposed National Anti-Profiteering Authority under GST regime will take up those cases where the financial implication of undue profit is over â¹1 crore having 'national or mass impact', while the rest would be transferred to the state screening authority. The authority will suggest return of undue profit to consumers along with 18% interest, and also impose penalty. 