EQUITY
The Phoenix Mills informs about disclosure
Apr-30-2024
The Phoenix Mills has informed that the Company has received a demand order under Section 73 of CGST/MGST Act, 2017 from the Deputy Commissioner of State Tax, E-629, LTU-3, Mazgaon, Mumbai (‘GST Authority’) for payment of the amount of tax as determined, along with the applicable interest and penalty for the tax period April 2018 to March 2019. The authorities have demanded the Company to pay the amount of tax as determined, along with the applicable interest and penalty for the tax period April 2018 to March 2019 under the applicable provision of GST Act, 2017. The Company will contest the matter and prefer an appeal against the said demand order at an appropriate forum. The details of the above notice as required under Clause 20 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are given in Annexure A to this letter.

The above information is a part of company’s filings submitted to BSE.

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