Biotique company may also be profiteering
See screenshot of product made in 09/17 had MRP 180.
Despite gst rate dropping from 28% to 18% on cosmetics the mrp in 2019, this morning - big basket is 180.
The mrp should have been around 165.
Please see if this is profiteering more
BUT ONE OF THE ATTACHED PICTURES SAY 190ML - Rs.134 more
Still many companies are profiteering with GST reduction. more
While it is true that GST rates have been reduced on most of the products, but the manufacturers have not reduced the MRP accordingly. They have just continued with the same printed MRP packaged products in the market. In their books its seems that they have inflated the input cost / manufacturing cost, in the process coolly pocketing the difference amount. more
Boycott these stores. Pls give business to all concerned. more