GST anti-profiteering body may lack enough muscle

The proposed anti-profiteering authority under the goods and services tax (GST) regime is likely to be a toothless tiger with no powers to levy penalty or even suo motu take up investigation. The GST Council earlier this month agreed on broad principles of the anti-profiteering rules, a senior government official told PTI here. According to the rules agreed upon, when a complaint is received about…