MARUTI NSE filing

Maruti Suzuki Receives GST Adjudication Order; To Appeal Demand

The RealCase readMedium impact Neutral

Maruti Suzuki received an Adjudication Order from the West Bengal GST Authority for the period April 2020 to March 2023. The order confirms a tax demand of ₹3.445 crore and a penalty of ₹3.445 crore. The company intends to appeal the order and expects no major impact.

Why it matters

A tax demand and penalty, even if appealed, represent a potential financial outflow for the company. While the company states no major impact, the amount is material enough to warrant a medium impact assessment.

The market read

The company has received an adjudication order with a tax demand and penalty, but it also plans to appeal and states there will be no significant impact. This balances negative and neutral aspects.

Maruti Suzuki India Limited (MSIL) announced on June 29, 2026, that it has received an Adjudication Order from the West Bengal GST Authority.

The order pertains to the period of April 2020 to March 2023 and includes a confirmed tax demand of ₹34.45 million (₹3.445 crore) and a penalty of ₹34.45 million (₹3.445 crore), along with applicable interest. The authority also dropped a tax demand of ₹0.05 million (₹0.005 crore) related to the availment of GST credit.

Maruti Suzuki stated that it plans to file an appeal against this order with the first appellate authority. The company believes there will be no significant impact on its financial, operational, or other activities due to this order.

Filing to action

What to do with a filing like this

Maruti Suzuki 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 Maruti Suzuki India Limited. Read the original for the full detail.

View original filing