Nestlé India Limited announced that the Company is in receipt of an Order-in-Appeal passed by the Additional Commissioner, Office of the Commissioner (Appeals), Central Excise, CGST & Customs, Jaipur-302005. Details of the violation(s)/contravention(s) committed or alleged to be committed; The Company received the Order-in-Appeal upholding partial demand confirmed in Order-in-Original passed by Superintendent, GST Range for the demand of: (i) interest under Section 50(3) of CGST Act, 2017 amounting to INR 1,284,255/- and (ii) imposing residual penalty amounting to INR 23,034/-.
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5-day change | 1st Jan Change | ||
2,511 INR | +1.08% | +3.02% | -5.60% |
10:35am | Nomura Adjusts Nestle India’s Price Target to INR2,950 From INR2,810, Keeps at Buy | MT |
Apr. 26 | Jefferies Adjusts Nestle India’s Price Target to INR2,500 From INR2,475, Keeps at Hold | MT |
EPS Revisions
1st Jan change | Capi. | |
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-5.60% | 28.72B | |
-5.57% | 266B | |
-0.83% | 94.98B | |
+4.52% | 46.39B | |
+7.81% | 39.99B | |
-0.03% | 39.95B | |
+3.23% | 38.02B | |
-15.97% | 30.16B | |
+12.13% | 24.54B | |
+11.50% | 20.14B |
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- Additional Commissioner Office of the Commissioner, Central Excise, CGST & Customs Imposes Residual Penalty of INR 23,034 on Nestlé India Limited