Taxman Blocks HUL’s Input Tax Credit

The taxman has blocked Hindustan Unilever Ltd.’s input tax credit on some services it provided before the Goods and Services Tax was rolled out last year in July, according to two government officials aware of the matter. The GST Network, the technology platform of the nationwide sales tax, blocked Rs 137-crore tax credit of India’s largest consumer goods maker, the officials said requesting anony…