Deepak Fertilisers has received an order from the Deputy Commissioner of State Tax, Nodal-3, Pune, imposing a penalty for FY 2021-22. The total demand, including tax, interest, and penalty, amounts to Rs. 5,28,43,772. The company intends to challenge the order, asserting that the demand is not justified and is preparing to contest it through appropriate legal channels.
Penalty Order Received
Deepak Fertilisers has been notified of a penalty imposed by the Deputy Commissioner of State Tax, Nodal-3, Pune. The order, dated December 30, 2025, specifies a total demand of Rs. 5,28,43,772 for the financial year 2021-22.
Breakdown of the Demand
The total demand of Rs. 5,28,43,772 comprises the following components:
- Tax: Rs. 2,56,47,826
- Interest: Rs. 2,46,31,163
- Penalty: Rs. 25,64,783
Company’s Response
Deepak Fertilisers maintains that there has been no violation or contravention. The department disallowed input tax credit, stating non-reflection in GSTR2A and ineligible credit. The Company believes the demand is not tenable and is preparing to challenge the order via appropriate legal channels.
Source: BSE
