Alldigi Tech Limited has informed the Exchange about General Updates
ALLDIGI · price
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Alldigi Tech Limited has received a GST assessment order from the Office of the Commissioner of GST & Central Excise, Chennai, demanding Rs. 9.31 crores along with an equivalent penalty of Rs. 9.30 crores (total exposure ~Rs. 18.61 crores). The demand covers the five-year period from April 2018 to March 2023 and relates mainly to disputed input tax credit (ITC) claims on cross-charge services between the company's head office and branch office, non-reversal of ITC on credit notes, and non-payment of GST under reverse charge. The order was passed under Section 74 of the CGST/TNGST Act, 2017, and was received on December 31, 2025. The company has stated that the demand is 'prima facie untenable' and intends to file an appeal before the appellate authority or approach the writ jurisdiction. Management has clarified that, in its view, the order does not have any significant impact on the company's financial or operational activities.
The total demand of around Rs. 18.61 crores is material relative to the company's size, but since the company is contesting it and believes it has strong grounds, no immediate financial hit is expected. Investors should watch for updates on the appeal outcome, as a negative ruling could become a future liability.