Anti-profiteering body alleges Rs 495 crore undue profit for HUL over GST rate cut benefits

In a fresh move against fast moving consumer goods (FMCG) major, Hindustan Unilever (HUL), the Directorate General of Anti-Profiteering (DG-AP) has alleged that the company has profiteered Rs 495 crore by not passing on the benefits of reduced Goods and Services Tax India (GST) rates. DG-AP, the government watchdog body, which was investigating the charges of profiteering against HUL since January…