09-Sept-2026 19:26:29

NESTLE INDIA : RECEIPT OF ORDER-IN-APPEAL FROM GST DEPT

• The company received an Order-in-Appeal from the Office of the Principal Commissioner of GST and Central Excise (Appeals – II), Chennai. • The order pertains to the tax period 2017-2020. • The Appellate Authority partially allowed the appeal, confirming a reduced tax liability of ₹1,29,69,981/-, applicable interest, and a reduced penalty of ₹12,96,998/-. • Nestlé India will explore options to challenge the order. Impact: Neutral (Order-in-appeal partially allows appeal with reduced liability, penalty, and interest; no material financial impact stated.)

Nestle India Ltd

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