Petronet LNG gets GST demand order of about 6.69 crore from Delhi tax department
PETRONET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.9 pts more than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Petronet LNG received a GST demand order on December 10, 2025 from Delhi tax department under Section 73 of the GST Act for FY 2021-22. The order raises a demand of about 6.69 crore rupees, which includes penalty of about 37.78 lakh and interest of about 2.54 crore rupees. The alleged issues are excess claim of input tax credit and under declaration of ineligible ITC. The company says the demand is unjustified and will contest it legally, and states no material financial impact.
Limited immediate impact as company plans to contest the order and claims no material effect on operations. Watch the legal outcome.