Goods & Service Tax (GST) 21 September 2026
Nestle India Cuts GST Penalty, Announces Special Dividend Amid Compliance Confirmation
Nestle India confirmed compliance with all regulatory norms and label declarations, and a tax tribunal cut its GST penalty to ₹12.97 lakh in the Order‑in‑Appeal. The company also announced a special dividend of ₹2 per share, reflecting strength.
Nestle India confirms regulatory compliance and announces financial moves:
- GST penalty reduced to ₹12.97 lakh after Order‑in‑Appeal.
- Special dividend of ₹2 per share declared, reflecting strength.
Read the full report here.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.