CEAT Limited’s appeal against a GST demand order for FY 2020-21 has been rejected by the Commissioner (Appeals), Bhubaneswar. The company’s cross-appeal was accepted, resulting in the withdrawal of an earlier relief of ₹0.78 crore. Consequently, the total tax demand has been revised to ₹3.84 crore, plus applicable interest and penalty. CEAT is evaluating the order and may prefer an appeal before the GST tribunal. No material impact on financials or operations is anticipated.
GST Appeal Outcome
CEAT Limited has received an order from the Commissioner (Appeals) CGST & CX Appeal, Bhubaneswar, regarding a GST demand order for the Financial Year 2020-21. The company’s appeal concerning a tax demand of ₹3.06 crore and penalty of ₹30.60 Lakhs (plus interest) has not been allowed. Furthermore, the Department’s cross-appeal has been accepted, leading to the withdrawal of a previous relief amounting to ₹0.78 crore.
Revised Tax Demand
As a result of the appeals outcome, the tax demand against CEAT Limited has been revised upwards to a total of ₹3.84 crore. This revised amount is also subject to applicable interest and penalty. The company was formally communicated this decision on September 2, 2026.
Future Actions and Impact
CEAT Limited is currently evaluating the order and intends to explore the possibility of filing an appeal before the GST tribunal. Despite the revised demand, the company believes that there will be no material impact on its financial standing, operations, or other activities.
Source: BSE
