Date: August 14, 2026
Legal / Strategic Update
GST Litigation Update
The company has filed a writ petition on August 14, 2026, with the Deputy Commissioner of State Tax, (Appeals - IV), Mumbai, Maharashtra, challenging an order received from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai, Maharashtra dated June 18, 2026.
Details of Original GST Order (Received June 18, 2026)
The order was issued under Section 74 of the CGST and MGST Act and pertains to financial years 2020-21, 2021-22, and 2023-24. The demand breakdown is as follows:
FY 2020-21:
- CGST Tax: ₹3,44,696
- SGST Tax: ₹3,44,696
- CGST Interest: ₹3,03,937
- SGST Interest: ₹3,03,937
- CGST Penalty: ₹3,44,696
- SGST Penalty: ₹3,44,696
FY 2021-22:
- CGST Tax: ₹1,79,17,983
- SGST Tax: ₹1,79,17,983
- CGST Interest: ₹1,31,25,777
- SGST Interest: ₹1,31,25,777
- CGST Penalty: ₹1,79,17,983
- SGST Penalty: ₹1,79,17,983
FY 2023-24:
- CGST Tax: ₹27,976
- SGST Tax: ₹27,976
- CGST Interest: ₹9,133
- SGST Interest: ₹9,133
- CGST Penalty: ₹27,976
- SGST Penalty: ₹27,976
The company has already paid the tax component of the aforementioned liabilities under protest.
Company's Position and Actions
The company believes the demand is not tenable and is in the process of filing an appeal with the Appellate Authority within the prescribed timeline. The company states there is no material impact on financials, operations or other activities due to this order.