Key Quantitative Figures

The Office of the Commercial Tax Officer, Cuddalore, Tamil Nadu, issued an order in Form GST DRC-07 dated June 23, 2026. The order imposes an aggregate demand of ₹3,59,484 for the period of April 2025. The breakdown of this amount is: Tax ₹ Nil, Interest ₹ Nil, and Penalty ₹3,59,484.

Parties Involved

  • Listed Entity: Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited)
  • Authority: Office of the Commercial Tax Officer, Jurisdiction: Cuddalore, Tamil Nadu
  • Company Representative: Adwait Shrikant Joshi, Company Secretary

Details of Alleged Violation

The order was issued after the completion of a tax audit for the period of April 2025. The specific details of the alleged contravention that led to the penalty are not quantified in the disclosure.

Stated Rationale and Company's Response

The company believes it has a good case against all the points raised by the tax authority. The order is appealable, and the company is in the process of filing an appeal before the appropriate authority.

Financial and Operational Impact

As the order is being appealed, the company states that there is no impact on its financial, operational, or other activities. The financial impact of the penalty itself is quantified at ₹3,59,484, but the company believes this will not crystallize due to the appeal.