Sudarshan Colorants Faces GST Demand of Rs 3,59,484 Following Cuddalore Tax Authority Order
Sudarshan Colorants India Ltd., formerly known as Heubach Colorants India Limited, has been served a demand order by the Office of the Commercial Tax Officer in Cuddalore, Tamil Nadu. The demand relates to GST matters for the financial period of April 2025 and amounts to Rs 3,59,484/-.The demand was issued vide GST DRC-07 on June 23, 2026. This order followed an audit conducted by the Commercial Tax Officer in Cuddalore.
According to the details provided regarding the action taken, the aggregate amount of Rs 3,59,484/- represents a penalty levied by the authority, with the tax and interest amounts noted as Nil.
The financial breakdown of the demand is presented below:
| Particulars | Amount |
|---|---|
| Tax Amount | Rs Nil |
| Interest Amount | Rs Nil |
| Penalty Amount | Rs 3,59,484/- |
| Total Demand | Rs 3,59,484/- |
The Company is currently in the process of filing an appeal against the order with the appropriate authority. The audit and subsequent demand order are related to alleged contraventions committed during April 2025.
Sudarshan Colorants stated that the company possesses a strong defense regarding all points raised by the Commercial Tax Officer, and confirmed that there is no impact on the financial, operational, or other activities of the Company due to the issuance of the order.
SUDARCOLOR Stock Price Movement
Shares of Sudarshan Colorants India Limited are edging higher to ₹367.8 as of 12:53 PM today, gaining 0.38%. The stock has seen trading activity with a volume of 1,181 shares in this live market session.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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.