Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities.
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In a regulatory filing, HUL — which owns brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond’s and Dove — said these “orders are currently appealable” and it will make an assessment.
The company received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries including allowances paid to expats etc on Friday and Saturday last week.
Read more at: Business-Standard
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