Crompton has received an order from the Deputy Commissioner, Bengaluru, Karnataka, related to the period from April 2021 to March 2022. The order imposes a demand of INR 33,57,588, which includes tax, interest, and penalty. The company intends to appeal the order and expects a favorable outcome.
Order Details
Crompton has received an order from the office of the Deputy Commissioner in Bengaluru, Karnataka. The order pertains to the period between April 2021 and March 2022.
Financial Impact
The order imposes a demand of INR 33,57,588, comprising:
- Tax of INR 19,46,508
- Interest of INR 12,13,880
- Penalty of INR 1,97,200
Violation Details
The demand has been raised due to alleged excess ITC (Input Tax Credit) claimed in GSTR 3B compared to GSTR 2A, and ineligible ITC claimed for the period from April 2021 to March 2022.
Company’s Response
Crompton is planning to appeal against this order and anticipates favorable outcomes from the appellate authorities. The potential financial impact is INR 33,57,588, but the company believes there is no material impact on its financials, operations, or other activities.
Order Date
The order was received on December 31, 2025, at 10:49 AM.
Source: BSE
