COLGATE-PALMOLIVE (INDIA) LTD.

COLGATE-PALMOLIVE (INDIA) LTD. - Updates

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30 Mar 2015
Colgate Palmolive (India) Ltd has informed BSE that the Company in the month of April 2005 had set up a facility at Baddi, Himachal Pradesh for the manufacture of Oral care products. The said facility was entitled for certain fiscal benefits (Excise & Income Tax) for a period of 10 years pursuant to then Industrial Policy of the Government of Himachal Pradesh.<BR><BR>Further , the aforesaid excise benefits will expire on April 21, 2015 and accordingly the Company will pay all applicable excise duties on the product manufactured from the Baddi facility. It may also be noted that the aforesaid Income Tax benefits will expire on March 31, 2015 and from financial year 2015-16 onwards, the Company will pay applicable income tax on the Profits generated from the said facility.<BR><BR>The Company continues to manufacture its oral care products from the Baddi facility.
View all announcements for COLGATE-PALMOLIVE (INDIA) LTD.	Source: BSE India

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