United Spirits Limited announced that Excise and Taxation Officer Cum-Designated Officer, Punjab has issued a demand for a short payment of VAT amounting to INR 0.218 million, along with applicable interest and penalty. The Company is evaluating the further course of action in consultation with its advisors. Quantum of claim, if any Demand: VAT INR 0.218 million, Interest - INR 0.235 million and Penalty - INR 0.314 million.
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- United Spirits Limited Announces Imposition of Penalty by Excise and Taxation Officer Cum-Designated Officer, Punjab