United Breweries Limited Receives Favorable Order in Tax Litigation from Bihar Authority
United Breweries Limited has announced receiving a favorable order from the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar. This development relates to ongoing tax litigation concerning the company.The order was received on April 24, 2026, following proceedings handled by the GST Commissioner (Appeals).
The company provided a detailed update on the litigation status, outlining the history of the dispute and the current financial position regarding the penalty.
Litigation Status and Financial Details
The details of the dispute, which involves the Assistant Commissioner of State Tax, Pataliputra Circle, Bihar, are as follows:| Aspect | Detail |
|---|---|
| Original Demand Order | On February 27, 2025, a Demand Order was received under Section 73 of the BGST Act, 2017. This order confirmed a demand for tax along with a penalty of ₹ 29,00,048/-. |
| Appeal Process | The company preferred an appeal before the Hon'ble Commissioner (Appeals). |
| Current Penalty | Based on legal submissions, the Commissioner (Appeals) granted substantial relief, reducing the penalty amount to ₹ 1,85,878. |
| Future Action | The company plans to file an appeal before the GST Appellate Tribunal (GSTAT) against the residual demand that has been raised. |
The current status notes that while the penalty stands reduced to ₹ 1,85,878, the company intends to appeal the residual demand before the GST Appellate Tribunal.
UBL Stock Price Movement
Shares of United Breweries Limited slipped by 0.40% on Friday, closing at ₹1477.1. The stock recorded a daily volume of 70,231 shares during the trading session.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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