This is an archive article published on October 17, 2023

Dabur receives GST demand notice of Rs 321 crore

Homegrown FMCG and Ayurvedic products maker Dabur will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing.

Homegrown FMCG and Ayurvedic products maker Dabur on Tuesday said it has received a Goods and Service Tax (GST) demand notice of Rs 320.60 crore. (File image)

By: PTI

1 min readNew DelhiOct 17, 2023 05:08 PM IST First published on: Oct 17, 2023 at 05:08 PM IST

Homegrown FMCG and Ayurvedic products maker Dabur on Tuesday said it has received a Goods and Service Tax (GST) demand notice of Rs 320.60 crore.

The company will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing.

“The Company has received intimation of tax ascertained as being payable under Section 74(5) of CGST Act, 2017, wherein GST short paid / not paid amounting to Rs 320.60 crore has been advised to be paid by the Company along with the amount of applicable interest and penalty… failing which Show Cause Notice will be issued,” Dabur informed.