FilingReader Intelligence
DCM Shriram faces Rs 40 crore denatured alcohol fee hit
July 11, 2025 at 02:09 PM UTC•By FilingReader AI
The Excise Commissioner of Uttar Pradesh has reinstated import/export fees on denatured alcohol following a Supreme Court order upholding the state's authority to levy such charges.
The fees apply retrospectively from FY 2018-19 to FY 2024-25. DCM Shriram estimates a financial impact of up to Rs 40 crore and is evaluating legal recourse.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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BSE:DCMSHRIRAM•Bombay Stock Exchange
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