AWL Agri Business Limited has received an order imposing a penalty of ₹1,76,763 for input tax credit reversal under the CGST and MGST Acts of 2017. The order, dated December 30, 2025, was issued by the Deputy Commissioner of State Tax, Nagpur. The company is taking steps to appeal the order.
Order Details and Implications
AWL Agri Business Limited (formerly Adani Wilmar Limited) has received an order from the Deputy Commissioner of State Tax in Nagpur, Maharashtra. The order, dated December 30, 2025, imposes a penalty related to discrepancies in input tax credit claims.
Financial Impact
The penalty imposed amounts to ₹1,76,763. This penalty is issued under Section 73 of the Central Goods and Services Tax Act 2017 (CGST Act, 2017) and Maharashtra Goods & Service Tax Act 2017 (MGST Act, 2017). The company believes the order pertains to the reversal of input tax credit u/s 42 & 43 of CGST/MGST Act, 2017.
Company Response
AWL Agri Business Limited is taking appropriate steps to appeal against the order. At this time, the company does not anticipate a significant material impact on its financial condition, operations, or other activities as a result of this order.
Source: BSE
