Tax & Penalty10 Jul 2026, 11:51 am
Delhivery Ltd Receives GST Order for ₹59 Lakh Demand & Penalty
AI Summary
Delhivery Ltd has received an order under Section 74 of the CGST/ Maharashtra GST Act, 2017, for the financial year 2020-21. The order confirms a tax demand of ₹29,54,358 and a penalty of ₹29,54,358, totaling ₹59,08,716. The demand was raised due to the disallowance of input tax credit. The company stated that it will take necessary steps and that there is no material impact on its financials, operations, or other activities. The disclosure was made pursuant to SEBI Listing Regulations.
Key Highlights
- GST order issued for FY 2020-21.
- Total demand and penalty amount to ₹59,08,716.
- Demand relates to disallowance of input tax credit.
- Company claims no material financial or operational impact.
Price Impact
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