Answer: National Anti-profiteering Authority
Notes: The National Anti-profiteering Authority (NAA) is the statutory mechanism under GST law to check unfair profiteering activities by the registered suppliers. The GST watchdog has held cosmetics and personal care company L’oreal guilty of not passing on the rate reduction benefits to consumers to the tune of ₹186 crore. NAA has directed L’oreal to deposit the sum along with 18% interest in the consumer welfare fund.
