Sapphire Foods Receives Demand Order of ₹20.33 Crore from CGST
Sapphire Foods India Limited has received a demand order dated December 31, 2025, from the Office of the Principal Commissioner, Central Goods & Services Tax (CGST) Commissionerate, Rohtak, Haryana. T...
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Why is Sapphire Foods India Limited in the news today?
Sapphire Foods India Limited (SAPPHIRE) is in the news due to the company has received a demand order for a significant amount, including tax and penalty, which is a negative development.
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Sapphire Foods Receives Demand Order of ₹20.33 Crore from CGST
January 1, 2026, 08:34 AM
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Sapphire Foods India Limited has received a demand order dated December 31, 2025, from the Office of the Principal Commissioner, Central Goods & Services Tax (CGST) Commissionerate, Rohtak, Haryana. This order is in response to a show cause cum demand notice issued under Section 74 of the CGST Act, 2017, for the period of April 2018 to March 2022.
The authorities alleged that the company had availed excess Input Tax Credit (ITC) compared to GSTR2A and incorrectly utilized ITC against GST liability on outward supply. The company submitted necessary explanations and documents, but the authorities confirmed the proposal in the show cause notice.
The demand order amounts to ₹203.25 million (₹20.33 crore), comprising a tax liability of ₹101.62 million (₹10.16 crore) and a penalty of ₹101.62 million (₹10.16 crore). Sapphire Foods India Limited stated that the claim made by the authority is not maintainable and that there is no material impact on its financial, operational, or other activities due to this order. The company is currently evaluating the order and will take necessary steps to respond.
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