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Company Accused of Profiteering: Fails to Lower Prices After Tax Cuts on Home Care, Personal Care, Foods, Refreshments.
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....Profiteering - manufacture and supply of consumer goods comprising of four major categories, viz. Home Care, Personal Care, Foods and Refreshments - the consumer would have never got the benefit of tax reductions unless the MRP was revised by the Respondent on the packs and the bar codes were changed, which does not seem to have happened - Allegation of profiteering established.....