Adani Wilmar says no irregularities in its dealings with GST department

Adani Wilmar said that the Himachal Pradesh GST Department officials did not find any irregularities in the operations and dealings of the company. The company isn't required to pay any liability in cash.

Adani Wilmar said in a statement that the officials did not find any irregularities in the operations and dealings conducted by the company. The company is not required to pay tax liability because of the rules 86 B of the GST law, citing the concerns of GST payments in cash. Watch: Smriti Irani's daughter Shanelle Irani is to marry Arjun Bhalla: Here is everything about Shanelle-Arjun.

The Adani Wilmar statement said that this was a routine inspection by the relevant authorities and that there was no raid. The company said all of its operations are in compliance with the relevant laws and regulations.

The statement said that we are committed to doing business in a responsible and transparent manner, and all our operations are in full compliance with the relevant laws and regulations. After the visit, we would like to mention that the depot operations are normally up and running. On Wednesday, the Himachal Pradesh State Excise and Taxation Department raided the Adani Wilmar store in the state and checked for documents in the godown until late night. A team from the South Enforcement Zone of the Excise Department arrived at the store on Wednesday night.

Adani Wilmar is a 50: 50 joint venture between the business conglomerate Adani Group and Singapore-based Wilmar. Adani Wilmar's shares fell by 52 per cent from its 52 week high of Rs 878.35 on April 28, 2022.