Anti-profiteering body questions FMCG, pharma firms on GST prices The National Anti-profiteering Authority (NAA) is questioning tax heads and CFOs of about 150 consumer goods and pharma companies to find out if their stocks with the distributors and stockists on June 30, 2017 were sold at reduced rates after GST rollout. What happened to the stock held by consumer and pharma companies which was with the distributors and stockists on June 30, 2017? What price was charged to consumers when these products were sold to customers? These are some of the questions the NAA sleuths have been seeking answers to. While many companies did announce a price cut after the GST was rolled out, that applied only to new stocks or those manufactured after July 1, 2017. NAA had issued letters to the companies including Nirma, HUL, P&G, Lupin and Sun Pharma in the last two weeks. Company executives were also quizzed about measures they took to ensure the benefits of GST were passed on to c