Birla Corp Subsidiary Receives GST Demand Notice for ₹10.3 Cr
Birla Corporation's subsidiary, RCCPL, received a GST demand notice for ₹10.3 crore related to excess Input Tax Credit for FY21 and FY23. The company believes the notice is baseless and expects no financial or operational impact, citing a favorable order in a similar past case.
The company explicitly stated that there is no expected impact on the financial, operations or other activities of RCCPL, and they believe the notice has no merits.
The company has received a demand notice, which is negative. However, it also states that the notice has no merits, a similar case was ruled favorably, and there will be no financial impact, which mitigates the negative sentiment.
Birla Corporation Limited announced that its wholly owned subsidiary, RCCPL Private Limited, has received a demand-cum-show cause notice from the Joint Commissioner, Central Goods & Service Tax & Central Excise, Nagpur -I Commissionerate.
The notice pertains to the alleged wrongful availment of Input Tax Credit (ITC) for the financial years 2020-21 and 2022-23. The issue involves a negative balance reflected in Table 8D of GSTR-9, amounting to ₹10,30,06,338/-, along with a demand for equivalent penalty and applicable interest.
RCCPL received this intimation on August 11th, 2026, at approximately 12:57 p.m. (IST). The company stated that the demand notice has no merits and is not maintainable, as it is based solely on the differential Input Tax Credit. RCCPL has previously received a favorable order in a similar matter and will submit its reply within the prescribed time frame. The company also clarified that there is no expected impact on the financial, operational, or other activities of RCCPL due to this notice.
What to do with a filing like this
Birla Corporation Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. 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 Birla Corporation Limited. Read the original for the full detail.