Bata India Limited received demand order proposing to levy further tax of INR 10.13 million and penalty of INR 1.01 million primarily on prima facie assessment of Input tax credit of Goods & Services Tax. Name of the Authority: Sales Tax Officer Class II/AVATO, Ward 206, Zone 11, Delhi. Demand order dated April 20, 2024 for financial year 2018-19 (Assessment period).

Date of receipt order: April 20, 2024. It is believed that the Company has a good case to defend the matters before the appropriate authorities without any material financial impact.