Hindustan Zinc has received an order confirming a penalty of ₹45,98,335 along with a tax demand and applicable interest, from the Office of the Assistant Commissioner, Central Goods & Service Tax – Rudrapur. The issue pertains to the availment of Input Tax Credit for FY 2018-19 and 2019-20.
Input Tax Credit Issue
Hindustan Zinc has received an order from the Assistant Commissioner, Central Goods & Service Tax – Rudrapur, regarding a penalty related to Input Tax Credit. The order, dated December 13, 2025, confirms a penalty of ₹45,98,335 along with applicable tax demand and interest.
Details of the Order
The issue concerns the availment of Input Tax Credit under section 16 of the CGST Act, 2017 and section 20 of the IGST Act, 2017 for the financial years 2018-19 and 2019-20.
Company’s Response
Hindustan Zinc intends to appeal the order before the Appellate Authority. The company anticipates a favorable outcome and does not expect any material financial impact from this order. The order was received by the Company on December 13, 2025, at 05:56 PM.
Source: BSE
