Tata Steel Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TATASTEEL · price
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Awaiting price reaction for this filing.
Tata Steel has received a Show Cause cum Demand Notice dated June 17, 2025 from the Directorate General of GST Intelligence, Jamshedpur, relating to its erstwhile subsidiary Tata Steel Long Products Limited (which merged into Tata Steel in November 2023). The notice alleges irregular availing of input tax credit of compensation cess on coal imports during April 2019 to February 2024, in alleged contravention of GST laws. The tax demand is approximately ₹161.5 crore, and a similar penalty of about ₹161.5 crore is also proposed. The company has been given 30 days to respond to the Adjudicating Authority. Tata Steel has stated that the notice is without merit and will contest it, and that there is no impact on its financial or operational activities.
The potential exposure is roughly ₹323 crore (demand + penalty) if the order goes against the company, though this is a pre-adjudication stage notice and not a final ruling. The company is contesting the claim and assessing the situation as immaterial, so near-term share price impact is likely limited unless the dispute escalates materially.