Reliance Industries Fined ₹1.11 Crore by State Tax Dept; Plans Appeal
Reliance Industries Limited has been fined ₹1.11 crore by the Deputy Commissioner of State Tax, Jamnagar, for alleged incorrect input tax credit availment. The company plans to appeal the order, stating it has no impact on operations.
The penalty amount is ₹1.11 crore, which is a relatively small amount for Reliance Industries Limited, and the company has stated there is no impact on operations.
The company has been penalized by the tax authorities, which is a negative development.
Reliance Industries Limited (RIL) has announced that it has received an order dated December 23, 2025, from the Deputy Commissioner of State Tax, Jamnagar. The order imposes a penalty of ₹1.11 crore on the company under Section 73 of the Central Goods and Services Tax Act, 2017, and related state and integrated GST acts.
The penalty has been levied alleging incorrect availment of input tax credit by the company. Reliance Industries Limited stated that it intends to file an appeal against this order.
The company clarified that the financial impact is limited to the penalty amount and there is no impact on its operations or other business activities due to this order. RIL received the intimation of this order via email on December 23, 2025, at 7:44 p.m. IST.
What to do with a filing like this
Reliance Industries 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 Reliance Industries Limited. Read the original for the full detail.