BSECompany Update1 Oct 2026 · 1 Oct 2026, 03:01 pm
As per the attachment
Blue Dart Express Ltd · 526612
✦ AI Summary▼ NegativeRegulatory
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
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Blue Dart Express Ltd - 526612 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Attachments (1)
📄pdf
Download →
a76d0ef2-b3ae-4ca6-80cc-a988fd865597.pdf
View document text
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.