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...

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.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

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.

Other Regulatory FilingsLitigation Updates
Aditya Birla Fashion and Retail LimitedABFRLhttps://prysm.fi/v2/analyze/ABFRL

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

ABFRL Receives Tax Demand Order of ₹13.77 Crore

December 18, 2025, 10:59 AM

AI Sentiment Analysis

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.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained - “Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

Top Queries to Ask About Aditya Birla Fashion and Retail Limited

More News on Aditya Birla Fashion and Retail Limited

Discover more trending news on Prysm

View All