News
Govt in a fix over HUL's Rs 1.19 bn offer under anti-profiteering rule
- Date:
- March 5, 2018
- Source:
- Business Standard
The central government has been taken aback by consumer goods major Hindustan Unilever’s (HUL) offer of Rs 1.19 billion in two tranches for not having passed on goods and services tax (GST) cut benefits to customers. HUL is actually in the process of offering another tranche as well but is still awaiting instructions on how to deposit the allegedly profiteered sum in the consumer welfare fun…