Bajaj Consumer Care Limited — Important, 12-03-2025: General Updates

Bajaj Consumer Care Limited has received an order from the Deputy Commissioner of CGST & Central Excise, imposing a tax demand of ₹63.37 lakh and an additional penalty of ₹6.33 lakh due to a mismatch in Input Tax Credit (ITC) and an excess claim of ITC under the Reverse Charge Mechanism. Despite the demand, the company asserts that there will be no impact on its operations or financial activities. Bajaj Consumer Care is currently preparing to file an appeal at a higher appellate level to contest the order. Stakeholders are advised to monitor further developments regarding this situation.