AEGIS LOGISTICS LIMITED has received a Demand Order from the Deputy Commissioner of Sales Tax, Maharashtra, imposing a penalty of ₹11,62,128. This order stems from a Demand Order for March 2025 related to the CGST Act 2017, specifically on the basis of Input Tax Credit (ITC) disallowance. The company has received the order on August 21, 2026 and is reportedly taking steps to appeal the decision.
Sales Tax Authority Imposes Penalty
AEGIS LOGISTICS LIMITED has been issued a Demand Order by the Deputy Commissioner of Sales Tax, MUM-NOD-E-0106, Maharashtra. The order, dated for March 2025, pertains to a penalty of ₹11,62,128 under the CGST Act 2017, arising from the disallowance of Input Tax Credit (ITC).
Company’s Response and Next Steps
The company officially received the communication from the authority on August 21, 2026. While the order is based on ITC disallowance, AEGIS LOGISTICS LIMITED has stated that there is no material impact on its financial operations. The company is actively pursuing necessary steps to appeal against this order before the appropriate authority, aiming to resolve the matter.
Source: BSE
