Patel Integrated Logistics Receives ₹333 Crore GST Demand

Order Details

• Issuing Authority: Commissioner (Appeals Thane)
• Nature of Order: GST demand order
• Date of Order: November 05, 2026
• Date of Receipt by Company: November 06, 2026
• Period Covered: Financial Years 2017-18 to 2019-20
• Total Demand Amount: ₹333.34 crores (comprising GST, interest, and penalty)
• Nature of Alleged Contravention: Taxable value of supplies on which tax is to be paid under GTA service

Company's Response and Impact Assessment

• The company believes, based on advice from tax experts, that the GST was appropriately paid during the relevant period and considers the demand not tenable under prevailing regulations.
• The company is examining the order and allegations, and believes it has adequate grounds to contest the demand.
• The company intends to pursue appropriate legal remedies, including filing an appeal before the appropriate appellate authority.
• Financial impact quantifiable in monetary terms: ₹333.34 crores (demand amount), but company disputes validity.

Additional Information

The company has committed to keep the stock exchanges informed of further material developments in the matter. The disclosure was made in compliance with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.