Chennai: FMCG major Hindustan Unilever (HUL) has said it is considering ‘legal options’ after GST anti-profiteering authority found it guilty of not passing on rate cut benefits to consumers.
The National Anti Profiteering Authority (NAA) had passed an order against the company on 24 December for depositing an amount of Rs 223 crore, HUL said in a regulatory filing.
Making its stand clear on the matter, the company said: “The NAA order refers to the need to pass on the benefit of reduction in rates to consumers which is fully consistent with HUL’s stand and actions….no methodology has been determined by NAA as required under law to determine if benefit has been passed or not. Given there is divergence on some basic issues, HUL will, consider legal options available to it.”