Delhi HC stays Rs 383-crore fine on Hindustan Unilever for GST profiteering

The Delhi High Court has stayed an order given by the National Anti-profiteering Authority (NAA) against Hindustan Unilever Ltd (HUL). NAA had imposed a penalty of Rs 383 crore on HUL for not reducing maximum retail prices of its products after the goods and services tax (GST) rate cuts came into effect on November 15, 2017. The court posted the next hearing to April 16. Earlier, HUL had said NAA…