CEAT Limited GST Appeal Rejected, Tax Demand Revised to ₹3.84 Cr
CEAT Limited's GST appeal for FY 2020-21 has been rejected by the Commissioner (Appeals). The tax demand has been revised to ₹3.84 crore, plus interest and penalty. The company plans to appeal before the GST tribunal, stating no material financial impact.
The company stated that it is evaluating the order and will explore an appeal, and it believes there is no material impact on its financials, operations, or other activities.
The company's appeal was not allowed, and the tax demand was revised upwards, which is a negative development.
CEAT Limited has received an order from the Commissioner (Appeals) CGST & CX Appeal, Bhubaneswar, regarding a Goods and Services Tax (GST) demand order for the Financial Year 2020-21 in the State of Odisha. The company's appeal has not been allowed, and the Department's cross-appeal has been accepted, leading to the withdrawal of earlier relief amounting to ₹0.78 crore.
Consequently, the tax demand has been revised to ₹3.84 crore, along with applicable interest and penalty. This revision is in reference to a previous disclosure dated March 7, 2025, which had outlined a tax demand of ₹3.06 crore and a penalty of ₹30.60 lakhs plus applicable interest. The communication regarding this order was received by the authorized officers on September 2, 2026.
The company is currently evaluating the order and intends to explore the possibility of filing an appeal before the GST tribunal. CEAT Limited believes that this development will not have a material impact on its financials, operations, or other activities.
A plain-language summary of a public exchange filing by CEAT Limited. Read the original for the full detail.