Britannia Industries has received a GST order from the Assistant Commissioner of GST & Central Excise, Bhubaneshwar-II division. The order, pertaining to FY 2019-20, alleges incorrect availment of Input Tax Credit, resulting in a total demand of Rs. 48,59,912/-. Britannia has the option to appeal the order and intends to take necessary legal actions.
GST Order Details
Britannia Industries received an order from the Assistant Commissioner GST & Central Excise, Bhubaneshwar-II division, Bhubaneshwar, on December 30, 2025. The order relates to an intimation of the amount ascertained as payable under Section 74 of the Central Goods and Services Tax Act, 2017.
Violation Allegation
The order, pertaining to FY 2019-20, alleges incorrect availment of Input Tax Credit. The quantified tax and penalty amount to Rs. 24,29,956/- each, resulting in a total demand of Rs. 48,59,912/-.
Impact and Recourse
Britannia Industries has stated that the order will not have a material impact on the company’s financials or operations. The company intends to appeal the order and will take the necessary legal actions available under the GST law.
Source: BSE