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The order imposes a total demand of ₹13.77 crore. This includes tax of ₹7.15 crore, interest of ₹5.89 crore, and a penalty of ₹71.18 lakh. The company received the order on December 16. Shares of Aditya Birla Fashion and Retail Ltd ended at ₹75.55, down by ₹0.83, or 1.09%, on the BSE today, December 18.
Aditya Birla Fashion and Retail Ltd (ABFRL) on Thursday (December 18) said the office of the Deputy Commissioner of State Tax, Mumbai, has issued an order raising a tax demand on the company following the conclusion of audit proceedings.
The order imposes a total demand of ₹13.77 crore. This includes tax of ₹7.15 crore, interest of ₹5.89 crore, and a penalty of ₹71.18 lakh. The company received the order on December 16, 2025.
The demand relates to the claim of input tax credit, with the dispute arising from an alleged mismatch of outward liability between GSTR-1 and GSTR-9, as well as a mismatch in import input tax credit with GSTR-2A.
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Aditya Birla Fashion and Retail said there is no impact on its financials, operations, or other activities due to the order. The company stated that it believes the demand is not tenable under the law and intends to file a suitable appeal against the order before the Appellate Authority.
The company also said the delay in disclosure of the order was unintentional and that the information was reported promptly once it was brought to the attention of the appropriate company executives.
Shares of Aditya Birla Fashion and Retail Ltd ended at ₹75.55, down by ₹0.83, or 1.09%, on the BSE today, December 18.
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(Edited by : Shoma Bhattacharjee)
