DNA MONEY EXCLUSIVE: Hindustan Unilever may have to pay GST dues of Rs 300 cr ...
(World News Science)

Fast moving consumer goods major Hindustan Unilever Ltd (HUL) has not passed on the goods and services tax (GST) benefits to the tune of Rs 300 crore to its consumers, an investigation report submitted by the Director General of Safeguards (DGS) to the National Anti-profiteering Authority (NAA) has stated, sources said. This is over and above Rs 160 crore offered and deposited recently by the company with the government as a compensatory measure for the delay in passing on the tax cuts announced by the government last year. The dues arose as a result of the GST Council slashing the rates of...