Tax & Penalty21 Jul 2026, 08:20 pm
Delhivery Receives GST Order Demanding ₹14.7 Cr
AI Summary
Delhivery Ltd has received an appellate order under the CGST/West Bengal GST Act, 2017, for the financial year 2019-20. The order confirms a tax demand of ₹6,47,15,446, interest demand of ₹7,60,73,467, and a penalty of ₹64,71,545. The demand arises from 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.
Key Highlights
- GST order issued for FY 2019-20.
- Total demand including tax, interest, and penalty is ₹14.7 Cr.
- Demand is due to disallowance of input tax credit.
- Company claims no material financial impact.
Price Impact
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