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BASF India gets Rs 46 crore tax notice from Karnataka govt

BASF India gets Rs 46 crore tax notice from Karnataka govt

BASF India gets Rs 46 crore tax notice from Karnataka govt The company said that it had earlier got demand notices from the Commercial Tax Department, Karnataka, aggregating to Rs 620.93 crore (including interest and penalty) for the periods 2006-2007 to 2014-2015 by treating the stock transfers of the company#39;s Mangalore plant as interstate sales to dealers.