BSECompany Update1 Oct 2026 · 1 Oct 2026, 03:01 pm

As per the attachment

Blue Dart Express Ltd · 526612

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Blue Dart Express Ltd's wholly-owned subsidiary, Blue Dart Aviation Ltd, has received a Show Cause Notice (SCN) from the Office of the Joint Commissioner, Chennai South Commissionerate, Central GST, regarding scrutiny of GST returns for FY 2022-23 and 2023-24. The SCN proposes an aggregate tax demand of Rs. 27,09,70,969, comprising Rs. 21,72,60,034 for FY 2022-23 and Rs. 5,37,10,935 for FY 2023-24, along with applicable interest and penalty.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10

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Blue Dart Express Ltd - 526612 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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BLUE CllfflFIUI EXPRESS LI M I TED Blue Dart Center. Sahar Airport Road, Andheri (East). Mumbai • 400 099, India Tel.: 022 -69758444 CIN : L61074MH1991 PLC061074 www.bluedart.com communications@bhJedart.com October 1 , 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Fort Bandra Kurla Complex, Sandra East, Mumbai - 400 001 Mumbai - 400 051 Scrip Code - 526612 NSE Symbol - BLUEDART Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that 'Blue Dart Aviation Limited', a Wholly Owned Subsidiary of our Company has received Show Cause Notice (SCN) no. 16/2026 - GST (JC) dated September 30, 2026 from the Office of the Joint Commissioner, Chennai South Commissionerate, Central GST, in relation to scrutiny of GST returns for the Financial Years 2022-23 and 2023-24. The requisite information as per Para A of Part A of Schedule Ill under Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is given as Annexure A. A copy of this intimation is also being made available on the website of the Company at www.bluedart.com. Kindly take the above on your records. Thanking you, Yours faithfully, For Blue Dart Express Limited Tushar Head (Legal & Compliance) & Company Secretary Annexure-A Information pursuant to Para A of Part A of Schedule Ill under Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Name of the authority Joint Commissioner, Chennai South Commissionerate Central GST Nature and details of the Show Cause Notice No. 16/2026 - GST (JC) dated action(s) taken or September 30, 2026, has been issued under Section 73 of order(s) passed the CGST/TNGST Act, 2017, as applicable to IGST under Section 20 of the IGST Act, 2017, proposing recovery of tax alono with applicable interest and oenaltv. Date of receipt of direction or order, including any ad-interim September 30, 2026 or interim orders, or any other communication from the authoritv Details of the 1. Alleged short payment of tax by lowering GST liability in violation( s) / GSTR-03B 2. Alleged excess availment of ITC in relation to IGST on contravention(s) import of goods as per GSTR-03B than the IGST committed or alleged to appearing in GSTR-02A be committed 3. Alleged excess availment of ITC in GSTR-038 over and above ITC appearing in GSTR-09(Table 8A) 4. Alleged reconciliation differences reported in GSTR-09C for ITC reported as per GSTR-09 and the ITC reported in books of accounts/financial statements 5. Alleged excess availment of GST ITC in contravention of Section 16(2) of the CGST Act, 2017 Impact on financial, SCN proposes aggregate tax demand of Rs. operation or other 27,09,70,969/-, comprising Rs. 21,72,60,034/- for FY activities of the listed 2022-23 and Rs. 5,37, 10,935/-for FY 2023-24, along with entity, quantifiable in applicable interest and penalty as provided under the monetary terms to the applicable provisions of law. extent possible The matter is at the show-cause stage. The subsidiary will examine the contents of the SCN and take appropriate steps, including furnishing its response in accordance with law.