Dabur India Receives GST Demand Of ₹46 Cr

Dabur India Receives GST Demand of ₹46 Cr

Dabur India Limited has been issued a GST demand order amounting to ₹46,13,35,618, excluding interest, under Section 50 of the CGST Act, 2017, as per
the Company's regulatory filing.

On February 4, the Joint Commissioner confirmed a GST demand of ₹23,06,67,809, with an equal penalty and applicable interest, across multiple states. The demand pertains to the valuation of products for the financial years from 2017-18 to 2022-23.

In response, Dabur has already paid ₹19,57,38,061 towards the tax demand under protest. The Company has stated its intention to challenge the order before the appropriate authority, citing strong merits in the case. "The Company will challenge the order before the appropriate authority as it has strong merits in the case," the company mentioned in the filing.

This disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.