Sub: Disclosure - Form 6-K

Sub: Disclosure

It is hereby informed that a penalty of Rs.1.07 crore has been imposed on the Bank by Additional Commissioner - Customs & Central Tax, Telangana for matter/s mentioned in the below table.

The details as required to be provided are as follows:

Sr. no		Particulars		Details
1.		Name of the authority		Additional Commissioner - Customs & Central Tax, Telangana
2.		Period Involved		F.Y. 2017-18
3.		Nature and details of the action(s) taken, initiated or order(s) passed		Alleged short payment of Tax and disallowance of input tax credit - Order passed under section 74 (9) and section 125 of CGST Act
4.		Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority.		20-05-2024
5.		Details of the violation(s)/contravention(s) committed or alleged to be committed		Alleged short payment of tax and excess availment of input tax credit
6.		Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible		Rs.2.18 crore (includes tax, interest and penalty)

The Bank is evaluating appropriate legal remedy, including appeal, as per law.

We request you to bring the above to the notice of all concerned.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Santosh Haldankar

Company Secretary