ABFRL Receives Tax Demand Order of ₹13.77 Crore
Aditya Birla Fashion and Retail Limited (ABFRL) has received an order from the Deputy Commissioner of State Tax, Mumbai, dated December 15, 2025. The order, received by the company on December 16, 202...
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Why is Aditya Birla Fashion and Retail Limited in the news today?
Aditya Birla Fashion and Retail Limited (ABFRL) is in the news due to the company has received a significant tax demand order, which is a negative development, although they intend to appeal.
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ABFRL Receives Tax Demand Order of ₹13.77 Crore
December 18, 2025, 10:59 AM
Aditya Birla Fashion and Retail Limited (ABFRL) has received an order from the Deputy Commissioner of State Tax, Mumbai, dated December 15, 2025. The order, received by the company on December 16, 2025, imposes a total demand of ₹13,77,41,853. This amount comprises a tax demand of ₹7,15,96,404, interest of ₹5,89,64,052, and a penalty of ₹71,81,397.
The demand order was raised following the conclusion of audit proceedings. The dispute pertains to claims of input tax credit, reportedly due to a mismatch in outward liability with GSTR-1 versus GSTR-9, and a mismatch in import Input Tax Credit (ITC) with GSTR2A.
Despite the significant demand, ABFRL states that there is no impact on its financials, operations, or other activities. The company believes the demand is not legally tenable and intends to file a suitable appeal before the Appellate Authority. The delay in disclosure was unintentional and has been reported promptly.
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