Eternal Limited reported receiving two adjudication orders from tax authorities relating to GST demands for the periods April 2019–March 2020 and April 2022–March 2023. The first order involves a total liability of ₹9.95 crore (tax plus penalty). The second, more recent order, demands ₹8.69 crore, covering tax, interest, and penalty. The company strongly believes it has a solid defense and plans to file appeals against both assessments immediately.
Tax Adjudication Orders Received
Eternal Limited has announced the receipt of two separate adjudication orders from Goods and Services Tax (GST) authorities concerning past compliance periods. The Company received these notifications on March 18, 2026, and maintains confidence in its legal position regarding both demands.
Order 1: FY 2019-20 (Gurugram Authority)
An order was received from the Additional Commissioner, CGST Gurugram Commissionerate, Haryana, pertaining to the period April 2019 to March 2020. This adjudication, issued under Section 74 of the relevant Tax Acts, confirmed a GST demand of INR 4,97,99,769/- (approximately ₹4.97 crore). A corresponding penalty of the same amount (INR 4,97,99,769/-) was also levied. The company noted receiving this communication at 11:51 AM on the date of issue.
Order 2: FY 2022-23 (Ranchi Authority)
A second adjudication order was received from the Assistant Commissioner, Ranchi, Jharkhand, addressing the period April 2022 to March 2023. This demand, issued under Section 73, details the following liabilities:
- Confirmed GST Demand: INR 5,99,95,835/- (approximately ₹5.99 crore).
- Applicable Interest: INR 2,69,98,126/- (approximately ₹2.69 crore).
- Penalty Imposed: INR 59,99,583/- (approximately ₹59.99 lakhs).
This second communication was formally received by the company later in the day, at 4:16 PM.
Company Stance and Financial Outlook
In both cases, the orders relate to the alleged short payment of tax, along with associated interest and penalties. Despite the significant aggregate amount involved, Eternal Limited explicitly stated that, “We believe that we have a strong case on merits and do not expect any financial impact on the Company.” Management confirmed the intention to file appeals against these orders before the appropriate judicial authorities.
Source: BSE
