Kokuyo Camlin receives GST demand order of ₹65.91 Lakhs + Interest + Penalty
Kokuyo Camlin received a GST demand order for ₹65.91 Lakhs, plus ₹39.88 Lakhs in interest and ₹6.59 Lakhs in penalty. The company believes there is no material impact and plans to appeal the order.
The company explicitly stated that there is no material impact on its financials, operations, or other activities, and it plans to appeal the order.
The company has received a demand order for GST, interest, and penalty, which is a negative development.
Kokuyo Camlin Limited has disclosed the receipt of an order from the Assistant Commissioner, GST, Chennai, Tamil Nadu, concerning a demand for Goods and Services Tax (GST) along with interest and penalty. The order, issued under Section 73 of the GST Act, 2017, pertains to a GST liability of ₹65,91,941/-, with an additional interest of ₹39,88,757/- and a penalty of ₹6,59,195/-
The company received this order on 28th August 2026, after working hours. The disclosure was made on 31st August 2026, the next working day.
Kokuyo Camlin has stated that there is no material impact on its financials, operations, or other activities due to this order. The company intends to file an appeal against the order, citing that an opportunity for a proper hearing was not provided.
A plain-language summary of a public exchange filing by Kokuyo Camlin Limited. Read the original for the full detail.