Why the GST Council should issue proper guidelines on anti-profiteering

Fears that the  goods and services tax (GST) would aggravate India’s litigation problem seem to be coming true as far as anti-profiteering goes. The  GST Council  extended the term of the National Anti-profiteering Authority (NAA) by two years recently. Considering the number of pending cases and increasing tussle between NAA and numerous companies, this move was largely anticipated…