Pidilite Fined ₹79.67 Lakhs Under GST Act

Pidilite Industries Ltd has received an Order-in-Original dated April 17, 2026, from the Joint Commissioner, CGST & C.Ex. Mumbai South, imposing a penalty of ₹79,67,910/- under the Central Goods and Service Tax Act, 2017 for the period July 1, 2017, to March 31, 2018. The company is reviewing the order and evaluating its options, including a potential appeal to the highest authority. Pidilite states that there is no material impact on its financials, operations, or other activities. The company will file an intimation at the earliest opportunity after examining the order and ascertaining full facts.