AWL Agri Business Limited (formerly Adani Wilmar) announced the receipt of an appellate order from the Additional Commissioner of CT & GST, Cuttack, confirming a penalty of ₹28,72,625. This penalty pertains to a refund claimed under the Inverted Duty Structure provision of the GST Act. The company has confirmed that it does not foresee any material impact on its operations and is taking steps to appeal the order before the appropriate authority.
Confirmation of Regulatory Order
AWL Agri Business Limited has disclosed the receipt of an order from the Additional Commissioner of CT & GST (Appeal), Central Zone- 1, Cuttack. This order was officially received by the Company on February 26, 2026, following an appeal process initiated earlier.
Details of Penalty Imposition
The core of the order involves the confirmation of a penalty amounting to Rs. 28,72,625/-. This penalty relates directly to a claim for a refund filed by the Company under Section 54(3) of the GST Act, specifically concerning the Inverted Duty Structure Category. The original action leading to the penalty was under Section 107 of the CGST Act, 2017 and OGST Act, 2017.
Company Response and Financial Impact
In response to the confirmed penalty, the Company has stated that it is taking appropriate steps to appeal the decision before the higher, appropriate authority. Crucially, the management has assessed the situation and confirmed that it does not foresee any material impact on the Company’s financial, operational, or other activities as a result of this imposed penalty.
Source: BSE
