of Rs 42 lakh on the company along with tax demand.
In a regulatory filing, Adani Wilmar informed that it has received an “order passed by the Deputy Commissioner, CGST & Central Excise Division, Lucknow-I, levying penalty of Rs 41,99,465 equivalent to the tax demand under Uttar Pradesh GST Act, 2017.”
The order has been received by the company on February 4.
Adani Wilmar, which markets its products under the Fortune brand, has expressed its intent to challenge the decision. The company has stated that it is currently taking necessary steps to appeal the penalty with the appropriate authorities.
