Highlights 1 The move comes after Wednesday's sharp reduction in GST rates of daily use items. 3 GST rates of 178 items slashed from 28 per cent to 18 per cent from Nov 14 midnight. The union cabinet chaired by Prime Minister Narendra Modi has given its approval to the creation of the posts of chairman and technical members of the National Anti-profiteering Authority (NAA) under GST. The decision comes in the wake of Wednesday's sharp reduction in the GST rates of a large number of items of mass consumption. "The constitution of the NAA shall bolster confidence of consumers as they reap the benefits of the recent reduction in GST rates, in particular, and of GST, in general," the statement said.

Source: India Today November 16, 2017 15:53 UTC