Hindware Home Innovation Limited Receives Demand Order for Tax Demand
Hindware Home Innovation Limited announced today, March 17, 2026, that it received a Demand Order under Section 74 of the Central Goods and Services Act, 2017, from the Office of the Superintendent, CGST & SGST, Patna, Bihar.The Demand Order, dated March 13, 2026, requires the company to pay a tax demand of ₹5,86,670, along with interest of ₹3,570 and a penalty of ₹5,98,815. The period involved is fiscal years 2019-20 to 2022-23. The demand was generated due to excess availment and utilization of Input Tax Credit (ITC).According to the company, the impact in monetary terms is detailed in the Demand Order. Hindware Home Innovation Limited intends to contest the...