APL Apollo Tubes Limited announced that the Deputy Commissioner (Appeals), Hosur, has reduced its GST demand for various years. This follows the company’s appeals against an earlier order. The revised orders, dated August 21, 2026, represent a positive development in the ongoing tax matter, with no material impact anticipated on the company’s financials.
Revised GST Demand Orders Received
APL Apollo Tubes Limited has received revised orders from the Deputy Commissioner (Appeals), Hosur, pertaining to GST demands for various financial years. These new orders, dated August 21, 2026, have resulted in a reduction of the previously notified GST demand. This development is a consequence of the company filing appeals against the initial orders issued by the State Tax Officer, Intelligence, Hosur, Tamil Nadu.
Details of the Appeal Outcome
The Deputy Commissioner (Appeals) has issued multiple orders that revise the demand concerning non-payment or reversal of GST on certain items, as per the GST Department’s assessment. The company has provided a detailed breakdown of the original demand, the amount set aside and remanded back by the High Court, and the final demand figures after the appellate authority’s orders. The total original demand was approximately ₹51.44 crore, with a significant portion now set aside. The updated total demand, after considering the appeals and the latest orders, amounts to approximately ₹15.41 lakh.
Financial Impact and Company’s Stance
APL Apollo Tubes Limited has stated that there is no material impact on the company’s financials, operations, or other activities as a result of these orders. The company is currently examining the details of the revised orders and will take appropriate action. Previously, the company had communicated an initial GST demand for various years following an order dated July 25, 2024.
Source: BSE
