United Breweries Limited (UBL) received orders and demand notices from the Kerala State Goods & Services Tax Department, Palakkad, on June 10, 2025.
The orders, issued under Section 17(3) of the Kerala General Sales Tax Act, 1963, pertain to the financial years 2022-23 and 2023-24.
The total tax demand is ₹18,60,45,394 (approximately ₹18.60 crore) along with applicable interest, alleging non-payment of turnover tax on the sale of beer.
UBL has made adequate provision in its financials for this demand, stating it will not have any material financial impact.
The company is exploring appropriate legal remedies against these orders.