NAA : Holds HUL's distributor guilty of profiteering absent Vaseline’s price reduction despite GST rate slash
National Anti-Profiteering Authority (NAA) finds a case of profiteering u/s 171 of CGST Act, 2017 by a distributor and stockist of Hindustan Unilever Ltd. (HUL), noting that price of ‘Vaseline VTM 400 ml’ was not reduced despite reduction in GST rate on said product from 28% to 18% vide Notification No. 41/2017- Central Tax (Rate) w.e.f. November 15, 2017 ; Observes, from the record as well as admission of respondent, it is evident that “he had resorted to pro...