The National Anti-Profiteering Authority (NAA) has dismissed the complaint filed against it for allegedly not passing benefits of reduced rates on power banks to consumers. “We do not find the present case to be a case of profiteering,” NAA said in its order. Local Circles filed the complaint against Chinese Company that alleged that company had not reduced the price of the product after the reduction of GST rate from 28 per cent to 18 per cent ordered by the government from January 1, 2019.
