EVEREADY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eveready Industries has received a demand order dated 24th May 2026 from the State Tax Officer, State Goods & Services Tax, Haridwar, Uttarakhand. The order imposes a penalty of Rs. 12,66,202 (approximately Rs 12.66 lakh) on account of IGST. The penalty was issued due to a truck seizure caused by a minor typographical error in the E-Way Bill documentation. The company received intimation of this order on 25th May 2026 at 10:30 AM through the GSTN portal. The company has stated it will file a necessary appeal with the appellate authority against this order.
The financial penalty of Rs 12.66 lakh is relatively small for a listed company of this size. The company has explicitly stated there is no impact on its financial, operational or other activities. However, it signals potential lapses in GST compliance documentation procedures.