Key Quantitative Figures
The Assistant Commissioner of State Tax, Jurisdiction Raipur-3, Raipur Division-1, Chhattisgarh, had issued an order for:
- Excess Input Tax Credit (ITC) availed: ₹3,32,048
- Interest levied: ₹1,75,703
- Penalty imposed: ₹33,205
- Total demand: ₹5,40,956
This pertained to the financial year 2019-20, with the matter reported on November 28, 2024.
Dates of Action
- Date of receipt of communication from authority: June 22, 2026, at 12:50 PM
- Date of regulatory filing with exchanges: June 22, 2026
- Date of signing by compliance officer: June 22, 2026, at 16:47:42 IST
Parties Involved
- Listed Entity: Honda India Power Products Limited
- Issuing Authority: Assistant Commissioner of State Tax, Jurisdiction Raipur-3, Raipur Division-1, Chhattisgarh
- Appellate Authority: Joint Commissioner of State Tax (Appeal), Raipur, Chhattisgarh
- Company Representative: Sunita Ganjoo, Company Secretary & Compliance Officer
Outcome and Rationale
The company's appeal against the original tax order was allowed by the Joint Commissioner of State Tax (Appeals) in Raipur, Chhattisgarh.
Financial and Operational Impact
As per the disclosure, there is no material impact on the financials, operations, or other activities of the company due to this intimation of tax payable.