SRF Limited Receives Demand Order of ₹1.03 Crore from CGST Chennai
SRF Limited received a demand order from CGST Chennai for ₹1.03 crore, including penalty and interest, for disallowing CENVAT credit from 2005-2011. The company plans to appeal, expecting no material adverse impact beyond the disclosed amount.
While the order involves a demand of over ₹1 crore, the company management stated that they do not expect any material adverse impact beyond the disclosed amount, suggesting a limited financial impact.
The company has received a demand order from tax authorities, which includes a penalty and interest, indicating a negative financial event.
SRF Limited has disclosed that the Additional Commissioner of CGST and Central Excise - Chennai North Commissionerate has issued a demand order against the company.
The order pertains to the disallowance of certain CENVAT credit claimed by SRF Limited for the period between 2005 and 2011. The tax authority has demanded a sum of ₹1,03,10,343, along with an equal amount as penalty and applicable interest.
SRF Limited received this communication on March 30, 2026, at 11:24 a.m. The company is currently examining the order and plans to pursue appropriate legal remedies by filing an appeal in due course. Management does not anticipate any material adverse impact beyond the disclosed amount.
What to do with a filing like this
SRF 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 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 SRF Limited. Read the original for the full detail.