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Dabur, a leading FMCG and Ayurvedic products producer, has been issued a Goods and Service Tax (GST) demand notice of Rs 320.60 crore. The company plans to contest the notice and submit a response to the appropriate authorities. Dabur stated that this issue will have no impact on its financial or operational activities. The final tax liability, along with any interest and penalty, will determine the extent of the impact.
Homegrown FMCG and Ayurvedic products maker Dabur will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing.