StockWatch
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Pesticides & Agrochemicals
Tax & Penalty6 Oct 2026, 08:30 pm

Dhanuka Agritech Receives ₹46.77 Cr Entry Tax Demand Orders

AI Summary

Dhanuka Agritech Ltd has received entry tax demand orders totaling ₹46.77 Crore from the Excise & Taxation Department in Gurugram, Haryana. These demands pertain to the period FY 2008-09 to FY 2014-15 under the Haryana Tax on Entry of Goods into Local Areas Act, 2008. The company disputes the maintainability of these orders and is exploring legal options, including filing a writ. Dhanuka Agritech does not anticipate any significant impact on its financials, operations, or other activities as a result of these demands.

Key Highlights

  • Received entry tax demand orders worth ₹46.77 Crore.
  • Demands cover the period FY 2008-09 to FY 2014-15.
  • Company considers demands not maintainable and is challenging them.
  • No significant financial or operational impact anticipated.