Sudarshan Colorants gets GST penalty order of about Rs 3.59 lakh from Tamil Nadu tax office
SUDARCOLOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sudarshan Colorants India has received a GST demand order in Form DRC-07 from the Commercial Tax Officer in Cuddalore, Tamil Nadu, dated June 23, 2026. The order relates to the April 2025 period and imposes a penalty of about Rs 3.59 lakh, with no separate tax or interest demanded. The company says it has a strong case on merit, is in the process of filing an appeal before the appropriate authority, and expects no material impact on its financial position, operations, or other activities.
Penalty amount is small relative to the company. Management plans to appeal and sees no material impact on finances or operations, so likely a non-event for the stock.