Butterfly Gandhimathi Appliances Limited informed hat the Company has received order from West Bengal GST authorities by raising demand of INR 97,553 (Tax- INR 42,137, Interest INR 25,416 and Penalty ­INR 30,000)pursuant to the assessment order passed by the Office of The Deputy Commissioner of GST(ST), Behala Charge, Kolkata, West Bengal dated June 10, 2024 for the Assessment Year 2019-20. Name of the authority: The Deputy Commissioner of GST(ST), Behala Charge, Kolkata, West Bengal. Nature and details of the action(s) taken initiated, or order(s) passed: Demand raised under section 73 of the GST Act 2017.

Date of receipt: June 10, 2024. Details of the violation: Demand raised on account of availing excess ITC in GSTR3B compared to GSTR2A for the financial year 2019-2020. Impact on financial, operation or other activities of the Company, quantifiable in monetary terms to the extent possible;: Potential impact on financials INR 97,553.