Delhivery Receives GST Order Demanding ₹49 Lakhs

Delhivery Ltd has received an order under Section 74 of the CGST/Tamil Nadu GST Act, 2017, for the financial year 2023-24. The order confirms a tax demand of ₹27,64,150, interest of ₹10,83,698, and a penalty of ₹27,64,150, totaling approximately ₹49.12 Lakhs. The demand is related 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 delay in disclosure was attributed to the company reviewing the order and evaluating next steps.