ZF Commercial Vehicle Control Systems India Limited has received a demand order for INR 465.9 lakhs from the Joint Commissioner, CGST and Central Excise, Jamshedpur. The demand pertains to the period from FY 2018-19 to FY 2022-23, primarily relating to the availment of excess/ineligible Input Tax Credit. The company intends to dispute the demand.
Demand Order Details
ZF Commercial Vehicle Control Systems India Limited received a demand order on November 7, 2025 from the Joint Commissioner, CGST and Central Excise, Jamshedpur. This order includes a demand of INR 4,65,90,929 under Section 74(1), a penalty of INR 4,65,90,929 under section 74(9), and applicable interest under section 50 of the Central Goods and Services Tax Act, 2017.
Financial Impact and Company Response
The demand order is related to the period covering FY 2018-19 to FY 2022-23 and arises primarily from issues concerning the availment of excess or ineligible Input Tax Credit. While the company acknowledges the receipt of this order, it believes that there is no material impact on its financial operations or other activities. ZF Commercial Vehicle Control Systems India Limited intends to dispute the demand.
Source: BSE
