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India’s tax authorities demand ₹6.37 crore from Britannia over product classification, which the company disputes.
Indian tax authorities have issued a ₹6.37 crore GST demand to Britannia Industries, citing incorrect product classification from 2020-21 to 2023-24, including ₹2.12 crore in tax and ₹4.25 crore in penalties.
The notice, from Thane’s CGST office under Section 74 of the GST Act, is being contested by the company, which says it will pursue legal remedies and expects no material impact on its finances or operations.
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Las autoridades fiscales de la India exigen ₹ 6.37 crore a Britannia por la clasificación de productos, lo que la compañía disputa.