An update from United Breweries Limited ( (IN:UBL) ) is now available.
United Breweries Limited has received an order from the Maharashtra State Goods & Service Tax Department, imposing an additional tax, interest, and penalty totaling Rs. 21.22 crore for the fiscal year 2020-21. The demand arises from non-submission of declaration forms and levies on debit notes related to state excise duties. The company plans to appeal the order and does not anticipate a significant financial impact, aside from a minimal statutory pre-deposit required for the appeal process.
More about United Breweries Limited
United Breweries Limited operates in the brewing industry, primarily producing and selling beer. The company is known for its market focus on alcoholic beverages in India.
YTD Price Performance: -4.33%
Average Trading Volume: 5,556
Current Market Cap: 529B INR
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