Despite GST-cut, why are detergents like Surf, Vim still costly?

Earlier in November, the GST Council cut tax rates of more than 200 items in an attempt to make common-use items more affordable for the people.

The list of pruned items included detergents and dish-washing soap, among others.

However, you might have noticed many manufacturers haven’t reduced prices yet, including Hindustan Unilever Ltd. (HUL), India’s biggest consumer goods company.

Bloomberg explains the reason.

Google Alert – surf

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