Godfrey Phillips India has received an order related to the Central Goods and Services Tax Act, 2017. The order demands GST payment with interest, imposing a penalty of ₹11,98,478. The company is currently evaluating its options, including the possibility of filing an appeal against the order. The company received the order on December 29, 2025 and is assessing its implications.
Details of GST Order
Godfrey Phillips India has received an order regarding Goods and Services Tax (GST). The order, received on December 29, 2025, pertains to demand for GST with applicable interest and a penalty. The total financial implication of the order is ₹11,98,478.
Implications and Company Response
The GST order relates to alleged irregular availment and utilization of Input Tax Credit (ITC) under the GST laws. Godfrey Phillips India is currently assessing the order and its potential impact. While the company believes the order does not have a material impact on its financials or operations, it is carefully considering all available options. These options include filing an appeal against the received order to protect the company’s interests.
Next Steps
The company is actively evaluating all options and is prepared to take necessary steps, including pursuing an appeal, to address the GST order. Godfrey Phillips India remains committed to complying with all applicable laws and regulations.
Source: BSE
