Why Anti-Profiteering Investigator Wants HUL To Pay Three Times More

The Directorate General of Anti-Profiteering said that Hindustan Unilever Ltd. profiteered to the extent of Rs 495 crore by not passing on the benefit of a reduced Goods and Services Tax rate to consumers, an official aware of the development told BloombergQuint. That’s more than three times the Rs 160 crore India’s largest consumer goods maker voluntarily deposited in a consumer welfare fund…