ABFRL Faces ₹51.5 Lakh Penalty from Sales Tax Authority

Aditya Birla Fashion and Retail Ltd (ABFRL) has received an order from the Assistant Commissioner of Sales Tax, Nagole GST Division, Hyderabad, imposing a penalty of ₹51,52,528/-. The order, dated July 24, 2026, pertains to a demand raised after scrutiny of returns for FY 2020-21, specifically concerning Input Service Distributor (ISD) Input Tax Credit (ITC) availed and claims based on vendor default. The company states that the tax has already been reversed and parallel proceedings have already issued a demand. ABFRL believes the demand is not tenable and intends to file an appeal. The company asserts there is no impact on its financials, operations, or other activities.