Action(s) taken or orders passed

Crompton Greaves Consumer Electricals Limited has received an order from the Deputy Commissioner of Appeals upholding an interest demand of INR 0.08 Cr (INR 8,37,680) covering CGST and SGST for the period between July 2017 and March 2018. The demand stems from delayed filing of GSTR-3B caused by portal technical errors, even though tax was deposited on time.

The company plans to contest this order before the higher appellate authorities.

Management has confirmed that this matter has no material impact on financials or daily business operations, protecting shareholder value from sudden disruptions.