Hindustan Unilever Limited (HUL) said on Friday, September 26, that its sales in September were hit by temporary disruptions following recent changes in Goods and Services Tax (GST) rates. In a filing to the BSE, the company noted that while nearly 40 per cent of its portfolio now falls under a lower 5 per cent GST slab, the transition led to lower orders from distributors and retailers clearing older inventory.

40 per cent of products under 5 per cent GST

The government's latest GST reforms have reduced tax rates on categories such as toilet soaps, toothpaste, shampoo, hair oil, talcum powder, lifestyle nutrition and several food items. These products which previously attracted 12 or 18 per cent GST, now face a 5 per cent rate. HUL said it began passing on the benefit to consumers from

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