General Announcement::Disclosure

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Sep-2024 13:13:23
Status
New
Announcement Sub Title
Disclosure
Announcement Reference
SG240903OTHRY0YB
Submitted By (Co./ Ind. Name)
Dhanjit Thaivallapil
Designation
Deputy Vice President
Effective Date and Time of the event
03/09/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
We hereby inform that the penalties as given below have been imposed on the Bank. The details pertaining to the penalties are included in the annexures attached herewith:

1. Penalty of Rs. 0.04 crore has been imposed on the Bank by Assistant Commissioner of State Tax, Tamil Nadu
2. Penalty of Rs. 0.01 crore has been imposed on the Bank by Superintendent of CGST, Punjab
3. Penalty of Rs. 20,830 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat
4. Penalty of Rs. 24,300 imposed on the Bank by Assistant Commissioner of State Tax, Gujarat
5. Penalty of Rs. 0.01 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu
6. Penalty of Rs. 0.11 crore imposed on the Bank by Assistant Commissioner of Central Tax, Telangana
7. Penalty of Rs. 0.22 crore imposed on the Bank by Deputy Commissioner of State Tax, Tamil Nadu
8. Penalty of Rs. 0.13 crore imposed on the Bank by Joint Commissioner of State Tax, Chhattisgarh
9. Penalty of Rs. 0.22 crore has been imposed on the Bank by Sales Tax Officer, Delhi
10. Penalty of Rs. 0.01 crore has been imposed on the Bank by Deputy Commissioner of State Tax, Punjab
11. Penalty of Rs. 0.05 crore has been imposed on the Bank by Assistant Commissioner of CGST & Central Excise, Madhya Pradesh
12. Penalty of Rs. 0.07 crore has been imposed on the Bank by State Tax Officer, Gujarat

The Bank is evaluating appropriate legal remedy, including appeal, as per law.
We request you to bring the above to the notice of all concerned.

Attachments

SGX-Penalties.pdf
Total size =588K