Delhivery Subsidiary Receives Tax Order, Financial Impact Deemed Minimal

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Delhivery Subsidiary Receives Tax Order, Financial Impact Deemed Minimal​

Delhivery Limited announced on March 17, 2026, that Ecom Express Limited, a subsidiary of Delhivery, has received an order related to Goods and Services Tax. The order, dated March 16, 2026, originates from the Office of the Deputy Commissioner in Lucknow, Uttar Pradesh.

The order, issued under Section 74 of the Central Goods and Services Tax Act, 2017 and the Uttar Pradesh Goods and Services Tax Act, 2017, pertains to the financial year 2019-20 and confirms a tax demand of ₹ 52,78,817, along with ₹ 61,77,517 in interest, and a penalty of ₹ 52,78,817 against Ecom Express Limited. The demand stems from a disallowance of input tax credit.

According to the details released, Ecom Express Limited plans to file an appeal against the order with the appellate authority. Delhivery states that the order is not expected to have a material impact on the financial, operational, or other activities of either Ecom or the Company.

DetailInformation
AuthorityOffice of the Deputy Commissioner, Lucknow - Uttar Pradesh
Nature of ActionOrder under Section 74 of the Central Goods and Services Tax Act, 2017 / the Uttar Pradesh Goods and Services Tax Act, 2017
Financial Year2019-20
Tax Demand₹ 52,78,817
Interest₹ 61,77,517
Penalty₹ 52,78,817
Date of Order ReceiptMarch 16, 2026
Reason for DemandDisallowance of input tax credit
Anticipated Impact on Delhivery and Ecom Express LimitedNo material impact

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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