Tata Steel has received an order directing it to pay ₹493.35 crore in GST, along with penalties of ₹638.83 crore and applicable interest. The demand stems from alleged irregular Input Tax Credit claims from FY2018-19 to FY2022-23. Tata Steel, however, believes its submissions were not adequately considered and will contest the order through appropriate legal channels, with no immediate impact on operations or financials.
GST Demand Received
Tata Steel received an order on December 18, 2025, from the Commissioner of CGST & Central Excise, Jamshedpur, Jharkhand, demanding a payment of ₹493.35 crore related to Goods and Services Tax (GST).
Breakdown of the Order
The order includes the GST demand of ₹493.35 crore, a penalty of ₹638.83 crore, and applicable interest on the total amount. The demand pertains to alleged irregularities in availing Input Tax Credit during the period from FY2018-19 to FY2022-23.
Company’s Response
Tata Steel disagrees with the order and believes that proper cognizance was not taken of the submissions made during the adjudication process. The company intends to contest the order before the appropriate legal forum and is confident in its case. The company states that the order has no immediate impact on its financial, operational, or other activities.
Source: BSE