Nestle India Limited Receives Re-assessment Demand Order from Tripura Tax Authority
Nestle India Limited has received a re-assessment order related to state taxation in Tripura, comprising significant demands for Value Added Tax and associated penalties. The company confirmed the receipt of this order on July 14, 2026.The Superintendent of Taxes Charge-IV, Office of the Superintendent of Taxes in Agartala, issued the Re-assessment Order under Section 36(1) of the Tripura Value Added Tax Act, 2004 and Section 9(2) of CST Act, 1956. The order confirmed several demands against Nestle India Limited.
Key details of the re-assessment demand include:
- VAT Demand: Rs. 3,41,01,270/-
- Applicable Interest: Rs. 2,91,56,585.88/-
- Penalty: Rs. 34,10,127/-, which represents 10% of the demand.
The company stated that there is no material impact on its financials or operations due to this particular order. Nestle India Limited confirmed it will explore various options to challenge the mentioned Order.
NESTLEIND Stock Price Movement
Nestle India Limited shares today slipped by 0.13% to settle at ₹1424.4, closing marginally lower in post-market trading. The stock saw a volume of 1.33 million shares traded during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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