Emami Limited has received an order imposing a penalty related to differences in Input Tax Credit (ITC) claims. The order includes a tax demand of Rs. 13,37,974, interest of Rs. 13,30,402, and a penalty of Rs. 13,69,778. The company intends to appeal the order, seeing no material impact on its financial or operational activities.
Details of the Order
Emami Limited received an order from the Office of the Superintendent, Kotwali Range, Patna Central Division, Patna I, Ranchi, CBIC, Bihar on December 19, 2025. The order pertains to Section 74 of the Bihar GST / CGST / IGST Act, 2017.
Financial Implications
The order includes:
- Tax demand: Rs. 13,37,974
- Interest: Rs. 13,30,402
- Penalty: Rs. 13,69,778
Nature of the Issue
The issue relates to differences between Input Tax Credit (ITC) claimed as per GSTR 3B versus ITC reflected as per GSTR 2A.
Impact and Response
The company believes that there will be no material impact on its financial or operational activities as a result of this order. Emami Limited intends to explore filing an appeal against the order.
Source: BSE
