Indigo Paints Receives ₹3.86 Crore Demand Order from GST Authorities

Indigo Paints Limited has announced that it has received a demand order from the Office of the Commissioner of Central Goods & Service Tax, Ahmedabad, Gujarat. The order raises a demand of ₹3.86 cror...

Indigo Paints Limited has announced that it has received a demand order from the Office of the Commissioner of Central Goods & Service Tax, Ahmedabad, Gujarat. The order raises a demand of ₹3.86 crore, inclusive of interest and penalty. This demand pertains to an alleged dispute regarding short payment of tax due to wrong availment of Input Tax Credit (ITC) or non-payment of interest due to delayed filing. The period under review for this demand order is from 2018 to 2023. The company received this order on December 17, 2025. Indigo Paints Limited has stated that there is no immediate impact on its financial, operational, or other activities, as the company is in the process of filing an appeal with the Commissioner (Appeals), Central GST, Ahmedabad.

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Why is Indigo Paints Limited in the news today?

Indigo Paints Limited (INDIGOPNTS) is in the news due to the company has received a demand order from tax authorities for a significant amount, which is negative news.

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Indigo Paints Receives ₹3.86 Crore Demand Order from GST Authorities

December 18, 2025, 12:14 PM

AI Sentiment Analysis

Indigo Paints Limited has announced that it has received a demand order from the Office of the Commissioner of Central Goods & Service Tax, Ahmedabad, Gujarat.

The order raises a demand of ₹3.86 crore, inclusive of interest and penalty. This demand pertains to an alleged dispute regarding short payment of tax due to wrong availment of Input Tax Credit (ITC) or non-payment of interest due to delayed filing. The period under review for this demand order is from 2018 to 2023.

The company received this order on December 17, 2025. Indigo Paints Limited has stated that there is no immediate impact on its financial, operational, or other activities, as the company is in the process of filing an appeal with the Commissioner (Appeals), Central GST, Ahmedabad.

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