Date: 01 October 2026
Other Operational / Legal / Strategic Disclosures
Mangalore Refinery and Petrochemicals Limited (MRPL) received Order no. NC:2026:KHC:51105-DB (CEA No. 34 of 2024) from the Honorable High Court of Karnataka, Bengaluru on 01 October 2026 at 12:03 P.M.
The communication pertains to the dismissal of an appeal filed by the Department against a favorable CESTAT Order received by MRPL. The Hon'ble High Court of Karnataka dismissed the Department's Appeal No. CEA 34/2024 filed against the CESTAT Order No. 20249/2024 which was passed in favor of MRPL.
The case involved the denial of CENVAT Credit availed on capital goods used in the manufacture of plant and machinery embedded in the earth. The denial was solely on the ground that such plant and machinery constituted immovable property.
The dispute pertained to the period from April 2010 to December 2014 and involved an amount of ₹21,73,76,67,082 (₹2,173.76 crore) plus applicable interest and penalty.
The Hon'ble High Court's dismissal upholds the order of the CESTAT Bangalore issued in favor of MRPL. The company states there are no financial implications (nil) as no demand existed subsequent to the favorable CESTAT Order. The communication identifies no aberrations/non-compliances by the company and imposes no penalty or restriction. No further action is required by the listed company with respect to this communication.