Container Corporation of India Ltd. has received a GST demand for FY 2021-22 from the Assistant Commissioner of State Tax, Unit-7, Ahmedabad. The demand includes ₹1,30,00,656 in GST, a penalty of ₹13,00,066, and interest of ₹1,10,53,052. The total demand including penalty amounts to ₹2,53,53,774. The company believes there is no excess availment of Input Tax Credit and is filing an appeal.
GST Demand Notice
Container Corporation of India Ltd. has been notified of a GST demand for the financial year 2021-22 by the Assistant Commissioner of State Tax, Unit-7, Ahmedabad. The order was issued on December 20, 2025.
Financial Details of the Demand
The total demand amounts to ₹2,53,53,774 and comprises the following:
- GST: ₹1,30,00,656
- Penalty: ₹13,00,066
- Interest: ₹1,10,53,052
Company’s Stand and Action
Container Corporation of India Ltd. maintains that it has not availed or utilized any excess Input Tax Credit. The company is currently taking appropriate action, which includes filing an appeal against the order.
Source: BSE