CEAT Limited has informed the Exchange about General Updates
CEATLTD · price
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Awaiting price reaction for this filing.
CEAT Limited has informed exchanges about an order from the Joint Commissioner (Appeals), CGST, Jammu, which upheld a tax demand of Rs. 23.50 Lakhs under Section 74 of the CGST Act for FY 2017-18. The demand relates to disallowance of transitional credit (TRANS 1 & 2) claimed by the company. The order was received on August 20, 2025. CEAT has stated there is no material impact on its financials, operations, or other activities.
The financial impact is negligible — Rs. 23.50 Lakhs is a very small amount for CEAT and is unlikely to affect the stock price or shareholder value. The company's own disclosure confirms no material impact.