United Breweries Ltd
📉 United Breweries Secures Major Tax Penalty Reduction in Bihar
• United Breweries received a favorable tax litigation outcome from the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar.
• Penalty was reduced from ₹29,00,048 to ₹1,85,878 following an appeal.
• The original demand order was issued on February 27, 2025, under Section 73 of the BGST Act, 2017.
• The company will appeal the remaining residual demand with the GST Appellate Tribunal (GSTAT).