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  • HUL found guilty of profiteering ₹383 crore

    Published on December 25, 2018

    The GST anti-profiteering authority has found Hindustan Unilever Limited, HUL guilty of not passing on rate cut benefits of 383 crore rupees to consumers.

    The complaint before the National Anti-Profiteering Authority stated that although the Goods and Services Tax rate on a large number of products was cut from 28 per cent to 18 per cent, the Hindustan Unilever had not reduced the maximum retail price of its products.

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