United Spirits Limited announced that Deputy Commissioner, State Tax has levied demand on non-submission of statutory declaration forms and disallowed an element of input tax credit. The Company will be contesting the matter by filing rectification application or appeal before the higher authorities. Demand: MVAT - INR 12.1 million (including penalty of INR 0.1 million); CST - INR 32.6 million.
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- Deputy Commissioner, State Tax Has Levies Demand on Non-Submission of Statutory Declaration Forms and Disallowed an Element of Input Tax Credit on United Spirits Limited