Colgate-Palmolive (India) Limited has received below mentioned order: Name of the authority: Telangana GST authority; Nature and details of the action taken /orders Passed: Final Assessment Order under section 73 of the CGST Act; Date of receipt: April 25, 2024; Details of violation/contravention committed or alleged to be committed: The Company has received a GST assessment order for Fiscal year 2018-2019 in the State of Telangana wherein the amount as per show cause notice of INR 15,899,540 has been significantly reduced to INR 238,762 (Tax - INR 217,056 Penalty - INR 21,706). The demand is mainly on account of alleged excess Input tax credit availed.; Impact on financial operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: Considering the quantum of demand is low, the Company has decided to pay off the demand and close the assessment proceedings. There is no impact on financial operations or any other activities of the Company due to this order.