GST has not impacted consumer offtake, says HUL
GST
Dated:- 29-7-2017
Mumbai, Jul 28 (PTI) FMCG major Hindustan Unilever (HUL) today said the new tax regime of goods and services tax (GST) has not impacted the consumer offtake and expects the price cuts undertaken by it to drive sales.
\n"I don't think GST has impacted the consumer offtake.
\nIn fact, with us taking the lead in reducing the consumer price, it should give a fillip to consumer demand and consequently to the volume," HUL Chief Executive Officer and Managing Director Sanjiv Mehta said here.
\nThe company had reduced the prices of some of its detergents and soaps, extending the tax benefits it got under the GST regime to consumers.
\nMehta said most of th<\/p>\n
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