Eternal has received a GST demand order for INR 50,52,803 related to the period from April 2019 to March 2020. The order, issued by the Deputy Commissioner, State Tax, Lucknow, also includes interest of INR 64,17,501 and a penalty of INR 60,56,806. The company intends to appeal the order, believing it has a strong case on merits.
GST Demand Order Details
Eternal has been served an order on February 4, 2026, confirming a GST demand of INR 50,52,803. This demand relates to the period between April 2019 and March 2020 (Financial Year 2019-2020) and was issued by the Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh.
Interest and Penalty
In addition to the GST demand, the order includes an interest component of INR 64,17,501. Furthermore, a penalty of INR 60,56,806 has also been levied.
Company’s Response
Eternal believes it has a strong case on the merits of the matter and intends to file an appeal against the order with the appropriate authority. The company does not expect any financial impact.
Source: BSE
