GST authority finds HUL guilty of profiteering Rs 383 crore

The National Anti-profiteering Authority ( NAA ) said India’s biggest consumer goods company Hindustan Unilever Ltd ( HUL ) benefited to the tune of Rs 535 crore by not passing on gains from lower GST to consumers. This is the largest anti-profiteering amount determined by the authority. However, the authority took into account the increase in grammage the company implemented to compensate for low…