White goods firms under NAA lens for pocketing GST rate cuts

After imposing fines on restaurants, fast moving consumer goods ( FMCG ) and pharma companies for not passing the benefits of lower goods and services tax ( GST ) to consumers, the authorities have turned their attention to makers of  home appliances or  white goods . The anti-profit authority is examining whether companies pocketed profits after the government slashed GST rates on washi…