Amara Raja Energy & Mobility Limited has informed the Exchange about Action(s) initiated or orders passed
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The Joint Commissioner of State Tax (Appeals), Patiala has upheld an original GST order dated February 22, 2023 against the company. The order, received on June 16, 2025, covers multiple alleged GST violations including excess ITC claim (Rs.1.81 lakh), interest on short payment of tax (Rs.1.31 crore), non-reversal of GST on warranty goods (tax Rs.2.15 crore), non-levy of GST on disposal of business assets (tax Rs.49.3 lakh), and penalties for non-maintenance of books and non-issuance of self-invoices. Total exposure including tax, penalty, and interest is approximately Rs.6.8 crore. The company has stated there is no material impact on its financial or operational activities and plans to assess its right to appeal further.
The financial exposure of around Rs.6.8 crore is small relative to the company's size and management has confirmed no material impact. However, the unfavorable appellate ruling and pending further appeal may create some near-term overhang. Investors should watch for updates on whether the company files a further appeal and any cash outflows from settling the demand.