Godfrey Phillips India Receives GST Order with ₹11.98 Lakh Penalty
Godfrey Phillips India Limited has received an order from the Office of the Asst. Commissioner, CGST Delhi East Commissionerate, New Delhi, under the Central Goods and Services Tax Act, 2017. The orde...
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Why is Godfrey Phillips India Limited in the news today?
Godfrey Phillips India Limited (GODFRYPHLP) is in the news due to the company received a penalty order, which is negative, but it also stated that there is no material impact on its financials and that it is considering an appeal, balancing the negative news.
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Godfrey Phillips India Receives GST Order with ₹11.98 Lakh Penalty
December 30, 2025, 06:37 AM
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More Details on This News
Godfrey Phillips India Limited has received an order from the Office of the Asst. Commissioner, CGST Delhi East Commissionerate, New Delhi, under the Central Goods and Services Tax Act, 2017. The order, received on December 29, 2025, at 3:56 PM, pertains to the alleged irregular availment and utilization of Input Tax Credit (ITC) under GST laws.
The company has been directed to pay a demand for GST with interest and has been imposed a penalty of ₹11,98,478. Despite the order, the company states that it has no material impact on its financials, operations, or other activities. Godfrey Phillips India is currently evaluating all options, including filing an appeal against this order.
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