Dabur India Limited — Others, 05-02-2025: Action(s) taken or orders passed

Dabur India Limited has reported receiving an order from the Joint Commissioner of CGST, Meerut, for a tax demand of ₹46.13 crore, which includes ₹23.06 crore for tax and a matching penalty. The order pertains to GST valuation issues across multiple states for the fiscal years 2017-18 to 2022-23. The company has already paid ₹19.57 crore under protest and plans to challenge the order, asserting strong case merits. While this demand is significant, management states that operations will not be impacted, maintaining a stable outlook for investors.