United Breweries Limited has received a Rs 22.5 crore tax demand from Maharashtra VAT authorities over missing C and F declaration forms for FY 2021-22 and is considering an appeal.
Saloni Kumari | Apr 2, 2026 |
United Breweries Faces Rs 22.5 Crore Tax Demand from Maharashtra VAT Authorities, Plans Legal Challenge
United Breweries Limited has disclosed that it has received an order dated March 30, 2026, passed by the Deputy Commissioner of State Tax, Maharashtra State VAT Department, under Section 9(2) of the Central Sales Tax Act 1956.
The said order has imposed an additional tax amounting to Rs 9.65 crore, interest of Rs 10.42 crore, and a penalty of Rs 2.41 crore, resulting in an aggregate demand of Rs 22.50 crore. The demand concerns the non-submission of declaration forms in C and F for the concessional rate of tax for the Financial Year 2021-22.
As per the disclosure, the company had received the order on April 01, 2026. The company is currently deciding what to do about the demand notice it received from the Maharashtra VAT authorities and believes that it has a strong case to challenge the demand raised before an appropriate appellate authority.
The aforementioned disclosure has been made through a regulatory filing dated April 02, 2026, passed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, addressed to the Bombay Stock Exchange (BSE) Limited and National Stock Exchange (NSE) of India Limited.
Key Details of Disclosure:
| Particulars | Details |
| Company | United Breweries Limited |
| Authority Issuing Order | Deputy Commissioner of State Tax, Maharashtra State VAT Department |
| Relevant Law | Section 9(2) of the Central Sales Tax Act, 1956 |
| Order Date | March 30, 2026 |
| Date Received by Company | April 01, 2026 |
| Financial Year | 2021-22 |
| Reason for Demand | Non-submission of C and F declaration forms for concessional tax rate |
| Total Demand Raised | tax of Rs 9.65 crore, interest of Rs 10.42 crore, and penalty of Rs 2.41 crore, resulting in an aggregate demand of Rs 22.50 crore |
| Company’s future action | Believes it has a strong case, considering an appeal before the appropriate appellate authority |
| Regulation Under Which Disclosed | Regulation 30 of SEBI (LODR) Regulations, 2015 |
| Stock Exchanges Notified | Bombay Stock Exchange (BSE), National Stock Exchange of India (NSE) |
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