Crompton Greaves Consumer Electricals Receives ₹33.57 Lakh GST Demand Order
Crompton Greaves Consumer Electricals Limited has received an order from the Deputy Commissioner, Bengaluru, Karnataka, imposing a demand of ₹33,57,588 for the period April 2021 to March 2022. This de...
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 Crompton Greaves Consumer Electricals Limited in the news today?
Crompton Greaves Consumer Electricals Limited (CROMPTON) is in the news due to the company received a demand order, which is a negative event. however, the company plans to appeal and expects a favorable outcome, and has stated there is no material impact on its financials or operations, thus balancing the sentiment to neutral.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Crompton Greaves Consumer Electricals Receives ₹33.57 Lakh GST Demand Order
December 31, 2025, 10:35 AM
Top Queries to Ask About Crompton Greaves Consumer Electricals Limited
More Details on This News
Crompton Greaves Consumer Electricals Limited has received an order from the Deputy Commissioner, Bengaluru, Karnataka, imposing a demand of ₹33,57,588 for the period April 2021 to March 2022. This demand comprises ₹19,46,508 as tax, ₹12,13,880 as interest, and ₹1,97,200 as penalty.
The demand has been raised under Section 73 of the GST Act, 2017, on account of alleged excess Input Tax Credit (ITC) claimed in GSTR 3B as compared to GSTR 2A, and ineligible ITC claimed. The company received this order on December 31, 2025, at 10:49 AM.
Crompton Greaves Consumer Electricals Limited plans to appeal this order before the Commissioner (Appeals). The company reasonably expects favorable orders from the appellate authorities. Despite the demand, the company stated that there is no material impact on its financials, operations, or other activities.
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
