Berger Paints Fined ₹91,362 by Bengaluru Tax Authority
Berger Paints India Limited has disclosed the imposition of a fine and penalty by the Deputy Commissioner, DGSTO-6, Bengaluru, Karnataka. An order dated December 31, 2025, was passed concerning a show...
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Why is Berger Paints (I) Limited in the news today?
Berger Paints (I) Limited (BERGEPAINT) is in the news due to the announcement details a tax-related penalty, which is a routine regulatory disclosure. while a penalty is negative, the company has explicitly stated that it has no material impact on its financials or operations, making the overall sentiment neutral.
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Berger Paints Fined ₹91,362 by Bengaluru Tax Authority
December 31, 2025, 12:24 PM
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More Details on This News
Berger Paints India Limited has disclosed the imposition of a fine and penalty by the Deputy Commissioner, DGSTO-6, Bengaluru, Karnataka. An order dated December 31, 2025, was passed concerning a show cause notice issued for the financial year 2021-22. The demand includes a tax component of ₹28,572, interest of ₹22,790, and a penalty of ₹40,000, totaling ₹91,362.
The company stated that the demand arises from audit findings related to outward liability and input tax credit for the period of FY 2021-22.
Berger Paints has clarified that this imposition of fine and penalty has no material impact on the company's financials, operations, or other activities.
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