Tax & Penalty7 Aug 2026, 07:00 pm
Delhivery GST Order: Tax Demand Reduced to ₹1.5 Cr
AI Summary
Delhivery Ltd has received an order from the Directorate of Commercial Taxes, West Bengal (Appellate Authority) under the CGST/West Bengal GST Act, 2017. This order revises a previous demand related to the disallowance of Input Tax Credit for FY 2020-21. The tax demand has been reduced from INR 5,35,73,244 to INR 1,50,83,496, and the penalty from INR 53,57,324 to INR 15,08,350. The company plans to litigate the matter further at a higher forum. Delhivery states there is no material impact on its financials, operations, or other activities.
Key Highlights
- GST Appellate Authority reduced tax demand and penalty.
- Original demand was ₹5.35 Cr, revised to ₹1.5 Cr.
- Penalty reduced from ₹53.57 Lakhs to ₹15.08 Lakhs.
- Company will pursue litigation at a higher forum.
- No material impact on financials or operations.
Price Impact
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