GST price-watch body set to wind down

The Directorate General of Anti-Profiteering (DGAP), which probes goods and services tax (GST)-related profiteering cases, is likely to be wound up after completing pending investigations, according to two persons aware of the matter.

- Gireesh Chandra Prasad

DGAP is currently assisting the GSTAT's principal bench to decide the ongoing of GST-related profiteering cases. ISTOCKPHOTO

(ISTOCKPHOTO)

The DGAP is currently assisting the GST Appellate Tribunal’s (GSTAT) principal bench in the national capital to decide the ongoing of GST-related profiteering cases.

GST rate cuts and input tax credits, immediately after the GST Council announced the tax relief.

India’s statutory framework to deal with GST-related profiteering had two pillar—the National Anti-profiteering Authority (NAA), which adjudicated on cases, and its investigating arm, DGAP. NAA has already been wound up, and adjudication of pending cases will continue at GSTAT.