Container Corporation of India Ltd. GST Demand Disclosure

Nature of Disclosure: Regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding GST demand order.

Key Quantitative Figures:

  • GST demand: ₹2,57,75,816
  • Penalty: ₹27,63,866
  • Interest: ₹2,96,43,474
  • Total financial impact: ₹5,81,83,156

Dates:

  • Order date: 19 October 2026
  • Receipt date: 19 October 2026
  • Financial year involved: 2018-19

Authority Details:

  • Name: Joint Commissioner of State Tax, (Appeals) IV, Sandra, Mumbai
  • Order reference: APL-04
  • Original demand reference: DRC-07 issued under section 73 of CGST Act

Alleged Violations:

  • Excess availment of Input Tax Credit (ITC)
  • Short payment of Tax
  • Inadmissible ITC
  • Short Reversal of ITC

Company's Response and Impact Assessment:

  • The company states that based on internal assessment, there is no non-compliance on its part
  • No material impact on financial, operations or other activities of the company
  • Appropriate action including filing of appeal is being taken

Regulatory Reference: Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.