HUL receives Rs 447.5 cr GST demands and penalties, firm to make assessment Leading FMCG maker Hindustan Unilever Ltd said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities.

In a regulatory filing, HUL -- which owns brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond's and Dove, these "orders are currently appealable" and it will make an assessment.

The company received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries, including allowances paid to expats etc.

"The Orders were received by the company on 30th December, 2023 and 31st December, 2023, respectively and the intimation is being submitted today i.e. 1st January, 2024, being the first working day after receipt of the Orders," said HUL.

This includes the demand for tax "on salaries including allowances paid to expats amounting to Rs 372.82 crore and penalty amounting to Rs 39.90 crore" from

the Joint Commissioner, CGST and Central Excise, Mumbai East Besides, Deputy Commissioner of Commercial Tax Officer, Bengaluru has issued a demand of tax "on the grounds of excess GST credit availed amounting to Rs 8.90 crore and penalty amounting to 89.08 lakh"