Post the recent reduction in GST rates, Dabur India has announced a 9 per cent cut in prices of existing stocks across categories such as shampoos, skincare and home care.
In a statement, CFO Lalit Malik said, “The company is passing on the benefits on existing stocks by providing discount of 9 per cent to its trade partners. In accordance with the GST laws, we had communicated to our business and trade associates directing them to start charging the revised lower GST rates, wherever applicable, on all existing stocks.”