Coromandel International Receives ₹2.5 Crore GST Order

Key Quantitative Figures

The Order confirms a demand of ₹2,50,82,496 (Rs. 2.51 crore) for the financial years 2021-22 to 2024-25. This amount comprises tax, an equivalent penalty, and applicable interest.

Date of Receipt

The communication containing the order was received by the company on October 23, 2026.

Parties Involved

Issuing Authority: Additional Commissioner, Office Of The Commissioner, Vadodara-II, Central GST

Regulatory Framework: Order passed under Section 74 of the Central GST / Gujarat GST Act, 2017 read with corresponding provisions of the IGST Act, 2017.

Listed Entity: Coromandel International Limited

Details of Alleged Violation

The order confirms a demand on account of alleged wrongful availment and utilisation of Input Tax Credit (ITC).

Company's Response and Stated Rationale

The company believes it has a strong case to defend on the merits. An appeal is being preferred to be filed before the Commissioner (Appeals).

Financial Impact Assessment

As per the disclosure, the company states there is "No significant impact on the financials, operations or other activities of the company."