Nestlé India Limited announced that the Company is in receipt of an Order-in-Appeal passed by the Additional Commissioner, Office of the Commissioner (Appeals), Central Excise, CGST & Customs, Jaipur-302005. Details of the violation(s)/contravention(s) committed or alleged to be committed; The Company received the Order-in-Appeal upholding partial demand confirmed in Order-in-Original passed by Superintendent, GST Range for the demand of: (i) interest under Section 50(3) of CGST Act, 2017 amounting to INR 1,284,255/- and (ii) imposing residual penalty amounting to INR 23,034/-.
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5-day change | 1st Jan Change | ||
2,506 INR | -0.18% | +1.91% | -5.77% |
Apr. 29 | Nomura Adjusts Nestle India’s Price Target to INR2,950 From INR2,810, Keeps at Buy | MT |
Apr. 26 | Jefferies Adjusts Nestle India’s Price Target to INR2,500 From INR2,475, Keeps at Hold | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-5.77% | 28.95B | |
-5.45% | 264B | |
-0.68% | 96.77B | |
+4.41% | 46.94B | |
-0.03% | 40.26B | |
+8.17% | 39.78B | |
+4.01% | 39.6B | |
-18.78% | 29.43B | |
+11.36% | 24.86B | |
-5.93% | 23.52B |
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- Additional Commissioner Office of the Commissioner, Central Excise, CGST & Customs Imposes Residual Penalty of INR 23,034 on Nestlé India Limited