United Spirits Limited — Others, 23-10-2024: Action(s) initiated or orders passed

United Spirits Limited announced the receipt of a VAT and CST order from the Assistant Commissioner of Sales Tax, Madhya Pradesh, concerning the denial of input tax credit on ENA purchases for FY 2021-22. The company plans to challenge this order through appropriate legal channels. The total VAT and CST demands amount to INR 5.57 crores. However, the company believes it has a strong case and does not expect any material financial impact.