GAIL NSE filing

GAIL Receives GST Demand Order of ₹143 Crore for Corporate Guarantees

The RealCase readMedium impact Negative

GAIL (India) Limited received an order from CGST, Delhi South, demanding ₹143.08 crore for GST on corporate guarantees issued to banks for subsidiaries and JVs without consideration. The company received the order on December 10, 2025.

Why it matters

The demand order for ₹143 crore could impact the company's financials, though the exact operational impact is yet to be fully assessed.

The market read

The company has received a demand order for a significant GST amount, which is a negative development.

GAIL (India) Limited has disclosed an order received from the Additional Commissioner, CGST, Delhi South Commissionerate, pertaining to the non-payment of GST on corporate guarantees issued to banks on behalf of its subsidiaries and joint ventures without consideration.

The order demands GST amounting to ₹143,08,40,592/-. GAIL received this communication on December 10, 2025, at 05:00 PM.

This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

GAIL (India) 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 medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by GAIL (India) Limited. Read the original for the full detail.

View original filing