ScoutQuest28 Oct 2026
Coromandel International506395Tax or GST

GST appellate order confirms ~Rs. 1.79 crore tax demand; company to appeal before GSTAT

Coromandel International has disclosed an Order-in-Appeal from the Deputy Commissioner (Appeal), Chennai North, Tamil Nadu State GST, for FY 2019-20.

By ScoutQuest · · 2 min read

Tax demand
~Rs. 1.79 crore
Interest
~Rs. 2.08 crore
Penalty
~Rs. 17.86 lakh

What the update says

Coromandel International has informed the exchanges about an Order-in-Appeal passed by the Deputy Commissioner (Appeal), Chennai North, Tamil Nadu State GST. The order relates to FY 2019-20 and was passed under Section 73 of the Central GST / Tamil Nadu GST Act, 2017 read with corresponding provisions of the IGST Act, 2017. The company received the communication from the authority on 27th October 2026.

What the order is about

The order has confirmed a demand on account of alleged availment of ineligible Input Tax Credit. In simple terms, the tax department's view is that the company claimed credit for input tax that it was not eligible to claim, and the appellate authority has upheld that demand.

The amounts involved

The interest amount is larger than the tax demand itself, which is common in GST demands where interest is computed for the period the amount remained unpaid.

What the company says next

The company states that it believes it has a strong case to defend on merits, and that an appeal is being preferred to be shared before the GSTAT (the GST Appellate Tribunal).

On impact, the company has stated that there will be no significant impact on its financials, operations or other activities.

Points a retail investor can keep in view

What to watch

The update does not give a timeline for when the appeal before the GSTAT will be shared or heard. The outcome of that appeal would determine whether the demand stands.

More numbers
  • Tax demand confirmed in GST Order-in-AppealRs. 1,78,56,068/-
  • Interest on the tax demandRs.2,08,43,168/-
  • Penalty imposedRs.17,85,606/-
Source: BSE · 28 Oct 2026

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