Eveready Receives GST Demand Order of ₹3.7 Crore for FY19
Eveready Industries India Limited has received a demand order from the Joint Commissioner, State Goods and Service Tax Department, Corporate Circle, Lucknow, Uttar Pradesh. The order, dated 30th Decem...
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Why is Eveready Industries India Limited in the news today?
Eveready Industries India Limited (EVEREADY) is in the news due to the company has received a demand order for a significant amount of tax and penalty, which is a negative development.
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Eveready Receives GST Demand Order of ₹3.7 Crore for FY19
December 31, 2025, 10:55 AM
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Eveready Industries India Limited has received a demand order from the Joint Commissioner, State Goods and Service Tax Department, Corporate Circle, Lucknow, Uttar Pradesh. The order, dated 30th December 2025, pertains to an aggregate amount of ₹370.70 lakh (₹3.7 crore), comprising a tax demand of ₹185.35 lakh and a penalty of ₹185.35 lakh.
The demand order was issued for the financial year 2018-19 due to a mismatch in GST credit between the Input Tax Credit (ITC) availed by the company in GSTR-3B and the details reported by suppliers in GSTR-2A. The company received this order via email on 30th December 2025.
Eveready Industries India Limited plans to file a rectification petition to address the demand order and will also file a necessary appeal with the appellate authority. The company stated that there is no impact on its financial, operational, or other activities as a result of this order.
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