Vishal Mega Mart Limited has received an order from the Additional Commissioner, CGST Commissionerate, Gurugram, concerning Input Tax Credit. The order, related to Financial Years 2018-19 to 2022-23, alleges excess Input Tax Credit was availed by the Company. The total demand, including tax, interest, and penalty, amounts to ₹13,48,25,880. The company is currently reviewing the order.
Order Details
Vishal Mega Mart Limited has been issued an order by the Additional Commissioner, CGST Commissionerate, Gurugram. The order, issued under Section 74 of the CGST Act, 2017, concerns allegations of excess Input Tax Credit availed and utilized by the company.
Financial Impact
The total financial implication of the order is ₹13,48,25,880, broken down as follows:
- Tax Demand: ₹6,73,56,857
- Interest: ₹1,12,166
- Penalty: ₹6,73,56,857
Company Response
The company is currently reviewing the order and evaluating its next steps. While the order imposes a financial demand, Vishal Mega Mart anticipates no material impact on its ongoing business operations as a result of the order. The order was received on December 8, 2025.
Source: BSE
