Pidilite Industries Receives GST Penalty Orders
Pidilite Industries Limited announced it received penalty orders from the Assistant Commissioner (ST), Atchuthapuram Circle, Visakhapatnam II, Andhra Pradesh. The orders, dated March 24, 2026, relate to Goods and Services Tax (GST) for fiscal years 2021-22 to 2023-24 and 2024-25.The penalty amount for FY 2021-22 to 2023-24 is Rs. 1,17,21,593, while the penalty for FY 2024-25 is Rs. 3,76,616. The orders were received on the GST portal on March 24, 2026.
Pidilite Industries confirmed that the order is appealable and the company is currently reviewing the situation and considering available legal options. The company stated that the event is not expected to have a material impact on its financials, operations, or other activities.
Further information is available on the company’s website at www.pidilite.com.
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