Consumer durables firms, GST body continue to spar over profiteering

Home appliance makers, like their counterparts in fast-moving consumer goods (FMCG), will be monitored closely by the  National Anti-profiteering Authority  (NAA) for not passing on the benefits under the  goods and services tax  (GST) to consumers. While durable majors now and  FMCG  companies  earlier have repeatedly said  GST  rate reductions have be…