We have vested interest to cut prices: HUL

Near the completion of one month milestone of the goods and services tax (GST) rollout, CNBC-TV18 spoke to PB Balaji, CFO of Hindustan Unilever Ltd (HUL). He says that the trade is now slowly getting accustomed to the new tax regime and while speaking on the fear of profiteering, he mentioned that because of the fierce competition it is in their vested interest to take a price cut.