Dabur India Limited — Others, 04-02-2025: Action(s) taken or orders passed

Dabur India Limited has received a tax demand order from the Joint Commissioner, Circle-C, State Tax, Zone Alwar, Rajasthan, totaling ₹71.99 crore, which includes a tax demand of ₹21.97 crore, interest of ₹28.06 crore, and an equal penalty. The order pertains to a product classification issue related to the fiscal year 2017-18. The company plans to appeal this decision, citing strong merits in its case. While the immediate financial impact appears limited, the situation could affect investor sentiment if the appeal yields unfavorable results, introducing potential risk in the near term.