Apollo Tyres Ltd Receives GST Penalty Orders From Bihar Authorities

Apollo Tyres Ltd Receives GST Penalty Orders From Bihar Authorities​

Apollo Tyres Ltd has received two orders from the Deputy Commissioner, Bihar (GST), concerning disputes related to tax matters under the Goods and Services Tax Act, 2017. Both orders, dated June 4, 2026, impose significant penalties on the company regarding violations of GST regulations.

The penalties relate separately to Input Tax Credit disputes and a combination of Input Tax Credit and E-way Bill concerns. The total amount involves two distinct adverse actions taken by the tax authority.

Summary of Adverse Orders​

The details of the orders received from the Deputy Commissioner, Bihar (GST), are summarized below:

Company Response and Impact​

In both instances, the Deputy Commissioner's order mandated a penalty under the GST Act following the disclosure of violations or alleged contraventions. The company has noted that neither of these orders has a material impact on its financial standing, operations, or other activities.

Apollo Tyres Ltd stated in relation to these matters that it will appeal both penalties before the Appellate Authority in due course. The penalties were issued concerning disputes regarding Input Tax Credit and E-way Bill, with the corresponding fines amounting to Rs. 13 lacs and Rs. 58 lacs.

APOLLOTYRE Stock Price Movement​

Shares of Apollo Tyres Limited are edging higher to ₹397.3 as of 2:34 PM, with the company stock gaining 0.39% in live trading. The equity has seen considerable momentum, currently trading amidst a volume of 297,356 shares.