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        Case ID :
        GST

        GST has not impacted consumer offtake, says HUL

        July 29, 2017

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        GST impact on consumer demand: price cuts passed to consumers, supporting volumes while some wholesale channels remain disrupted. GST has not materially reduced consumer offtake for Hindustan Unilever; passing tax benefits through price reductions is expected to stimulate demand and support volumes. Modern trade and institutional channels are normalizing, while wholesale disruptions in central regions and reduced buying by the canteen store department have temporarily constrained topline and volumes, with the company anticipating a gradual channel reset as wholesalers adapt to GST.

        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

        Provisions expressly mentioned in the judgment/order text.

        <h1>GST impact on consumer demand: price cuts passed to consumers, supporting volumes while some wholesale channels remain disrupted.</h1> GST has not materially reduced consumer offtake for Hindustan Unilever; passing tax benefits through price reductions is expected to stimulate demand and support volumes. Modern trade and institutional channels are normalizing, while wholesale disruptions in central regions and reduced buying by the canteen store department have temporarily constrained topline and volumes, with the company anticipating a gradual channel reset as wholesalers adapt to GST.

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