GSTAT final order: ₹50.41 crore profiteered amount plus 18% interest ordered to be deposited
GSTAT's final order of 14.10.2026 accepted the DGAP Report and rejected all objections.
By ScoutQuest · · 2 min read
- Profiteered Amount Directed to be Deposited
- ₹50.41 crore
- Interest Rate
- 18% interest with effect from 28.06.2019
- Penalty if Not Paid in 30 Days
- a further penalty of 10%
The company has disclosed an update on a continuing litigation matter.
Background of the dispute
- The opposing party is shown as GSTAT (erstwhile) Competition Commission of India.
- The litigation or dispute was initiated on 26-06-2020.
- As per the last disclosure, the case was heard on 15.07.2026 and the Tribunal gave two weeks' time to file the invoices along with the computation note, as a final opportunity.
What the final order says
- The GSTAT passed its final order on 14.10.2026.
- It accepted the Directorate General of Anti-Profiteering (DGAP) Report and rejected all objections to the same.
- The company has been directed to deposit the profiteered amount as calculated, ₹50.41 crore, along with interest at 18% as per Rule 133(3)(c) of the CGST Rules, 2017, with effect from 28.06.2019.
- The deposit is to be made in the Central Consumer Welfare Fund as well as in the State Consumer Welfare Funds in the ratio of 50:50 equally, in accordance with the state-wise bifurcation of the profiteering amount shown by the DGAP in its report.
- The deposit is to be made within one month.
- It has further been directed that if the deposit of the profiteered amount plus interest is not made within 30 days, a further penalty of 10% will also apply.
What happens next
- An appeal to the said order is being preferred before the competent court of jurisdiction.
Why this matters to a retail investor
- In simple terms, an anti-profiteering case examines whether the benefit of a GST rate reduction was passed on to customers. Here the DGAP has set out a computed profiteered amount.
- The order quantifies the amount to be deposited and also carries interest running from 28.06.2019, so the eventual outgo would include that interest as computed.
- A further 10% penalty is specified if the deposit of the profiteered amount plus interest is not made within 30 days.
- The company has stated that it is preferring an appeal, so the direction in the order may be subject to further proceedings before the competent court.
Simple takeaway: This is an update on an ongoing litigation. The disclosed final order directs a deposit of ₹50.41 crore plus 18% interest within one month, with a 10% penalty if not deposited within 30 days, and the company has said it will appeal the order.
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More numbers
- Profiteered amount directed to be deposited₹50,41,44,461/-
- Interest rate on the profiteered amount18%
- Time allowed to make the depositone month
- Further penalty if deposit not made within the stated days10%
- Deposit deadline before penalty applies30 days
- Split between Central and State Consumer Welfare Funds50:50
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