Apollo Tyres Receives ₹15.10 Lakh GST Penalty Order from Haryana Authority
Apollo Tyres Limited received a GST penalty order of ₹15.10 lacs from the Assistant Excise and Taxation Officer, Haryana. The penalty is due to an E-way Bill dispute. The company plans to appeal the order, stating no material impact on its operations or finances.
The company has stated that the penalty has no material impact on its financial, operational, or other activities.
The company has been levied a penalty by a tax authority, which is a negative development.
Apollo Tyres Limited has received an order under the Goods and Services Tax (GST) Act, 2017, from the Assistant Excise and Taxation Officer, Haryana (GST). The order levies a penalty of ₹15.10 lacs (15.10 lakh rupees) on the company.
The penalty is related to a dispute concerning an E-way Bill. The company received this order on April 13, 2026. Apollo Tyres intends to file an appeal before the Appellate Authority in due course.
Despite the penalty, the company has stated that there is no material impact on its financial, operational, or other activities.
What to do with a filing like this
Apollo Tyres Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Apollo Tyres Limited. Read the original for the full detail.