Britannia Industries has received an order from the Office of the Superintendent, Range-1, Mundra Division, CGST Kutch Gandhidham. The order pertains to an alleged availment of excess Input Tax Credit, resulting in a total demand of Rs. 1,35,002/-. The company has the option to appeal and will take necessary actions, including exercising available legal remedies.
Details of the Order
Britannia Industries has received an order from the Superintendent, Range-1, Mundra Division, CGST Kutch Gandhidham. The order was received via a system-generated email on Tuesday, 30th December, 2025, at 3:57 P.M. IST.
Violation Allegation
The order, issued under Section 73 of the GST Act, alleges availment of excess Input Tax Credit. The tax and penalty quantified in the order amounts to Rs. 1,22,729/- and Rs. 12,273/- respectively, totaling a demand of Rs. 1,35,002/-.
Impact and Recourse
The company states that there is no material impact on the financials, operations, or other activities due to this order. Britannia Industries has the right to appeal the order and will take necessary actions, including exercising the legal remedies available under GST law.
Source: BSE