Britannia Receives GST Order Demanding ₹48.3 Lakhs for FY19 ITC Availment
Britannia Industries Limited has received an order from the Office of the Assistant Commissioner GST & Central Excise, Bhubaneshwar -II division, Bhubaneshwar. The order, received on December 30, 202...
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 Britannia Industries Limited in the news today?
Britannia Industries Limited (BRITANNIA) is in the news due to the company has received a tax demand and penalty, which is a negative development. however, the company has stated that there is no material impact and intends to appeal, which mitigates the negativity.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Britannia Receives GST Order Demanding ₹48.3 Lakhs for FY19 ITC Availment
December 31, 2025, 04:10 PM
Top Queries to Ask About Britannia Industries Limited
More Details on This News
Britannia Industries Limited has received an order from the Office of the Assistant Commissioner GST & Central Excise, Bhubaneshwar -II division, Bhubaneshwar.
The order, received on December 30, 2025, at 10:08 PM IST, pertains to an alleged incorrect availment of Input Tax Credit (ITC) for the Financial Year 2018-19.
Under Section 74 of the Central Goods and Services Tax Act, 2017, the company has been assessed a demand of ₹24,15,018 as tax and a penalty of ₹24,15,018, totaling ₹48,30,036. Britannia Industries Limited has stated that there is no material impact on its financials, operations, or other activities due to this order. The company intends to pursue available legal remedies, as the order is appealable.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“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
