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MARUTINSEMaruti Suzuki India Limited· AutomobilesHighNegative
Announced Tue, 23 Dec, 2025 · 18:47 IST

Maruti Suzuki gets GST adjudication order from West Bengal authority, demand around Rs 2.34 crore

MARUTI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
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₹16561.00
prior close
₹16640.00
announcement price
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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.1%+1.0% vs market
Passenger Cars & Utility Vehicles peers, median of 6sector-0.3%+1.2% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty 100 and 1.2 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Maruti Suzuki received an Adjudication Order from the West Bengal GST Authority covering April 2018 to March 2023. The order imposes a tax demand of Rs 11.70 million and a penalty of Rs 11.70 million, related to availment of GST credit. The same order also drops a separate tax demand of Rs 2.65 million. The company stated there is no major impact on financials or operations and will file an appeal with the first appellate authority.

Likely market impact

Total exposure about Rs 2.34 crore, small relative to company size; company will appeal and says no major impact on operations.