Crompton Greaves Consumer Electricals Receives GST Demand Order of ₹57,187
Crompton Greaves Consumer Electricals Limited has received an order from the Joint Commissioner, Lucknow, Uttar Pradesh, pertaining to the period April 2021 to March 2022. The order imposes a demand o...
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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 from gst authorities, which is a negative event. however, the amount is small and the company plans to appeal, expecting a favorable outcome, mitigating the negative sentiment.
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Crompton Greaves Consumer Electricals Receives GST Demand Order of ₹57,187
December 25, 2025, 04:55 PM
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Crompton Greaves Consumer Electricals Limited has received an order from the Joint Commissioner, Lucknow, Uttar Pradesh, pertaining to the period April 2021 to March 2022. The order imposes a demand of ₹57,187, which includes ₹28,370 as tax, ₹18,817 as interest, and a penalty of ₹10,000.
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. The company received this order on December 24, 2025.
Crompton Greaves Consumer Electricals Limited plans to appeal against this order before the Commissioner (Appeals). Based on the merits of the matter, prevailing law, and consultant's advice, the company reasonably expects favorable orders from the appellate authorities. The company has stated that there is no material impact on its financials, operations, or other activities due to this demand.
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