Birla Corporation Limited informed that the Company has received an Order dated 19th April, 2024 passed by the Senior Joint Commissioner, State Tax, West Bengal for recovery of tax including interest and penalty for the period 2018-19. The aforesaid Order was received by the Company on 23rd April, 2024 around 11.00 a.m. (IST). Name of authority: Senior Joint Commissioner, State Tax, West Bengal.

Nature and details of the action: Order passed under Section 73(9) of CSGT/WBSGT Act, 2017 alleging wrong availment of ITC for the period 2018­19 on account of: i. ITC uploaded by supplier whose registration has been cancelled, ii. ITC uploaded by suppliers who have not filed GSTR-3B, and according, no evidence is available regarding payment of tax to the Government. GST ­ INR 7,91,329/-, Interest ­ INR 7,76,782/-, Penalty ­ INR 79,133/-.

Details of violation: Wrong availment of ITC as per section 16(2) of West Bengal Goods and Services Tax Act, 2017 Wrong availment of ITC on account of: i. ITC uploaded by supplier whose registration has been cancelled; ii. ITC uploaded by suppliers who have not filed GSTR-3B. Impact on financial position,operation or other activities: INR 16,47,244/- The Company believes that the above demands are not maintainable and hence is in the process of preferring an appeal against the said order /demand.