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HUL TAX NOTICE
Taxing times: Why are so many companies getting GST notices?The tax authorities have been shooting off tax demand notices for several months now. Tax officers sent around 33,000 GST notices to busine...
Anti-profiteering Authority sends notices to HUL, P&G and other FMCG CosThe tax rate on most FMCG products was about 15% when GST of 28% was introduced on them, an increase that was not fully passed on to custom...
Why Kaustubh Pawaskar is bullish on 3 FMCG stocksBenign input prices helped HUL to pass on cost benefit to consumers.
FMCG, pharma cos to contest retro taxTop FMCG and pharma companies are planning to move the courts as they face retrospective tax on discounts offered since 2017
Market Movers: Angel tax relief, MNCs have a tax pain & May wins trust voteHere’s a lowdown on top macro triggers that may move market on January 17, 2019.
HUL to consider legal options on National Anti-profiteering Authority (NAA) orderHUL said it kept the Government informed of the approach and the manner that it had adopted in passing on the GST benefits to consumers.
GST authority finds HUL guilty of profiteering Rs 383 croreThe NAA while passing the order said that Rs 383.35 crore worth "benefit has been denied" by HUL to his customers.
Suppliers liable to pay penalty for not passing GST rate cut benefits: NAAhe application, which was filed by a Departmental Store was examined by Standing Committee on anti profiteering and was referred to DGAP fo...
Podcast: What's buzzing on breakfast table this morningAsian stocks edged lower Friday after a risk-off session in global markets where technology stocks retreated.
DGS gets 3 more months to probe HUL profiteering caseEven though HUL replied to the notice, the investigating authority asked for more information from the company which in turn sought more ti...
Hindustan Unilever to pay Rs 119 crore as GST duesThis, HUL said, was proactively disclosed to the CBEC in December first week and January first week. "The firm had voluntarily offered to p...
B2B companies seek certification from vendors on GST gainsCurrently, the government is scrutinising whether service sectors such as telecom, banks & insurance firms too are following anti-profiteer...
HUL gets GST anti-profiteering noticeHUL said it has got the notice and is in the process of ascertaining all details. “We will respond to the same stating our position,” said ...
DGS slaps GST profiteering notice on HULThis is the sixth notice issued by DGS, the investigative arm of the finance ministry, to entities for not reducing prices post Goods and S...
Expect consumer, logistics counters to keep buzzing on GST implementationThe initiative of 'one nation, one tax’ has the potential to add 2 per cent to the GDP.
HUL likely to remain at around 680 odd levels: Tirthankar Patnaik, Religare Capital Markets'This is one stock where we will have to do a lot more homework and our view until now had been that in the staple space, things are likely...
- HUL to seek board nod for buying back shares
Taking a cue from its FMCG peers, consumer goods heavyweight HUL announced plans to buy back its shares.