Huhtamaki India Ltd - Gets Tax Dept Order For Re-instatement Of Demand Of 14.9 Million Rupees

Huhtamaki India Ltd has received an order from the Commissioner Appeals - CGST & Central Excise Surat, reinstating a demand for tax and penalty. The order, passed in appeal, confirms the reinstatement of a tax demand amounting to 14.9 million rupees. This development follows a series of regulatory challenges faced by the company, including a previous GST penalty in September 2024 for discrepancies in input tax credits. Huhtamaki India, a leading manufacturer of consumer packaging and labeling materials in India, will likely need to address this latest tax demand promptly to maintain its financial stability and operational continuity.

 

Source: MoneyControl