Announced Fri, 11 Sept · 20:19 IST
HDFC Life: GST appeal order confirms Rs 942.18 cr tax demand, Rs 2,422.97 cr penalty
HDFCLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹530.00
prior close
₹530.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.4-0.3-0.5+0.0+5.1+4.5+5.7——————
Up moveDown movePending
AI summary
HDFC Life received an Appeal Order on Sep 10, 2026 from the Commissioner (Appeals-III), CGST, confirming the original GST order's tax demand of Rs 942.18 crore plus interest and penalty of Rs 2,422.97 crore for the period July 2017 to March 2022. The company states no adverse material impact on financials and will further contest before the GST Appellate Tribunal.
Likely market impact
Potential liability over Rs 3,365 crore remains contested; company claims no material impact, but final tribunal outcome is uncertain.