Nestlé India Limited is in receipt of an Order passed by the Joint Commissioner of Commercial Taxes, [Appeals] - 6, TTMC Complex, Shanthinagara, Bangalore - 560027. Order passed under Section 107(11) of the KGST/CGST/IGST Act, 2017. Date of receipt is November 20, 2024.

Details of the violation(s) is that the Company had filed an appeal against the Order issued by the Deputy Commissioner of Commercial Taxes, Audit 6.1. However, the appellate authority has upheld the Order in favor of the revenue, confirming the demand for: (i) tax under the IGST/CGST/SGST Act, 2017, amounting to INR 5,995,346 (ii) applicable interest; and (iii) a penalty of INR 599,536.