Hindustan Unilever to pay Rs 119 crore as GST dues

FMCG major Hindustan Unilever will pay Rs 119 crore as GST benefit accrued to the government. "Effective November 15 , GST rates were reduced for some of our categories from 28% to 18%. While the implementation of this change was initiated immediately, it was not possible to pass on the entire benefit of this rate reduction on some of the pipeline stocks during the transition and consequently an e…