Adani Wilmar has received an order imposing a penalty of ₹94,11,096 from the Deputy Commissioner of State Tax, Cuttack, Odisha, under Section 73 of the Odisha Goods & Service Tax Act. The penalty relates to a demand order issued due to excess refund under Section 54 of the CGST Act. The company is taking steps to appeal against the order.
Penalty Imposed by Tax Authority
Adani Wilmar has been notified of a penalty by the Deputy Commissioner of State Tax, Cuttack – I City Circle, Cuttack. The order, received on December 11, 2025, pertains to a demand related to the Goods & Service Tax Act.
Details of the Order
The penalty, amounting to ₹94,11,096, stems from an order issued under Section 73 of the Odisha Goods & Service Tax Act. The demand order was issued because of an excess refund under Section 54 of the CGST Act.
Company’s Response
Adani Wilmar is currently taking appropriate measures to appeal against the imposition of the penalty with the relevant authorities. The company does not anticipate any material impact on its financial or operational activities because of this order.
Source: BSE