Patanjali Foods has received a penalty order from the Office of the Commissioner of Central Excise & Central Tax, Mangalore, related to the non-reversal of Input Tax Credit (ITC). The penalty amounts to ₹63,32,245. The company is filing an appeal against the order with the appropriate authority.
ITC Non-Reversal Penalty
Patanjali Foods has been issued a penalty order concerning the non-reversal of Input Tax Credit (ITC) as per section 17(2) of the CGST Act, 2017 read with Rule 42/Rule 43 of the CGST Rules, 2017.
Penalty Amount
The order, received on December 9, 2025, imposes a penalty of ₹63,32,245 on the company.
Company Response
Patanjali Foods is contesting the penalty order and is in the process of filing an appeal with the appropriate authority.
Source: BSE
