Britannia Industries has received a fresh GST order under Section 74 of the Central Goods and Services Tax Act, 2017, with a total demand of ₹48,59,912. The company disclosed this development through an intimation to stock exchanges on December 31, 2025, pursuant to SEBI Listing Regulations. The order was issued by the Office of the Assistant Commissioner GST & Central Excise, Bhubaneshwar-II division, and was received through a system-generated email on December 30, 2025, at 10:11 P.M. IST after being uploaded on the GST Portal.
The GST order alleges incorrect availment of Input Tax Credit by the company for the financial year 2019-20. This represents a separate GST matter from the company's earlier Delhi-based order, with financial implications substantially higher than the previous demand. The assessment covers specific discrepancies identified by the Bhubaneshwar GST authorities during their review of the company's tax credit claims for the specified period.
Britannia Industries has maintained that there is no material impact on the company's financials, operations, or other activities due to this GST order. The company emphasized that this order is appealable under the GST law framework and plans to take necessary actions, including exercising legal remedies available under GST law. With this latest disclosure, the company now faces GST demands from multiple authorities, bringing total GST demands to over ₹61 lakh across different jurisdictions, including a previous Delhi order of ₹12,99,284.
