Whirlpool of India Limited — Important, 11-02-2025: General Updates
11-02-2025 | 09:36 pm
11-02-2025 | 09:36 pm
The company has reported receiving an order from the Excise & Taxation Officer in Mohali concerning differential CST liability of ₹1,00,828 (1.00 lakh) for FY 2017-18, along with interest of ₹43,356 (0.43 lakh), under the CST Act, 1956 and Punjab Value Added Tax Act, 2005. The order was dated November 20, 2024, and received on February 11, 2025. However, the company has indicated that this order will not materially impact its financials or operations. Whirlpool is currently assessing the situation and will take necessary actions as appropriate, but as it stands, there seems to be a manageable outcome with no expected significant disruptions. Investors are encouraged to watch closely for further updates.
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