Nestle to pay up for failing to pass on GST cut benefit

Nestle India is in the process of depositing a transition amount in the consumer welfare fund for not immediately passing on benefits under the goods and services tax ( GST ), the latest in a line of companies including Hindustan Unilever that have been making such payments after the  National Anti-profiteering Authority called on them to do so. Nestle didn’t give details of the amount involv…