Container Corporation of India531344Tax or GST
GST appeal order: demand of ~Rs.2.58 crore plus penalty of ~Rs.27.64 lakh and interest of ~Rs.2.96 crore
GST appeal order for F.Y. 2018-19: demand of ~Rs.2.58 crore, penalty of ~Rs.27.64 lakh and interest of ~Rs.2.96 crore.
By ScoutQuest · · 1 min read
- GST Demand
- ~Rs.2.58 crore
- Penalty
- ~Rs.27.64 lakh
- Interest
- ~Rs.2.96 crore
What the company told the exchanges
- The Joint Commissioner of State Tax (Appeals) IV, Mumbai has passed an Appeal Order (APL-04) for F.Y. 2018-19.
- The order was dated 19 October 2026 and received by the company on 19 October 2026.
- The demand comprises GST of ~Rs.2.58 crore, a penalty of ~Rs.27.64 lakh and interest of ~Rs.2.96 crore.
Background of the case
- The appeal was shared against a DRC-07 issued by the department under section 73 of the CGST Act.
- The allegations listed are excess availment of ITC, short payment of tax, inadmissible ITC and short reversal of ITC.
What the company says about the impact
- On the basis of its internal assessment, the company believes there is no non-compliance on its part.
- It states that there is therefore no material impact on the financial, operations or other activities of the company due to the above order.
- Appropriate action, including update of an appeal in this matter, is being taken by the company.
How to read this
- This is a tax demand disclosure. The three money figures above are the amounts named in the order.
- The company's own stated position is that it has not defaulted and that the amounts are not material to its financials and operations.
- The company is pursuing the matter further through appeal.
Key figures at a glance
- GST demand: ~Rs.2.58 crore
- Penalty: ~Rs.27.64 lakh
- Interest: ~Rs.2.96 crore
Also from Container Corporation of India
Board meeting on 02.11.2026 to consider Q2 results; 2nd interim dividend may also be considered
23 Oct 2026
Anand Saklecha appointed Non-Official (Independent) Director for a three-year term
22 Oct 2026
GST appellate order raises demand of ~Rs.2.92 crore plus ~Rs.34.44 lakh penalty and ~Rs.3.26 crore interest
21 Oct 2026
More numbers
- GST demand in the appeal orderRs.2,57,75,816/-
- Penalty in the appeal orderRs.27,63,866/-
- Interest in the appeal orderRs.2,96,43,474/-
Source: BSE · 21 Oct 2026
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