Maruti Suzuki India Limited Receives Adjudication Order from Haryana GST Authority
Maruti Suzuki India Limited (MSIL) announced it has received an Adjudication Order from the Haryana GST Authority. The order pertains to a tax demand related to Tax Credit Notes for the period April 2019 to March 2024.The Haryana GST Department confirmed a tax demand of Rs. 384.17 million, along with applicable interest, and a penalty of Rs. 384.17 million. MSIL intends to file an appeal against the order to the first appellate authority.
According to the company, the Adjudication Order is not expected to have a major impact on its financial, operational, or other activities. The order was received on March 31, 2026.
| Detail | Information |
|---|---|
| Authority | Haryana GST Authority |
| Order Type | Adjudication Order |
| Date of Order | March 31, 2026 |
| Details of Violation | Tax demand of Rs. 384.17 million, plus interest and a penalty of Rs. 384.17 million, related to GST liability on Tax Credit Notes (April 2019 – March 2024). |
| Impact on Activities | No major impact on financial, operational, or other activities. |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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.