BSECompany Update4d ago · 21 Oct 2026, 06:08 pm

Receipt of order from GST Authority for Imposition of Penalty for FY 2019-20

Container Corporation of India Ltd · 531344

✦ AI Summary▼ NegativeRegulatory

Container Corporation of India Ltd has received an order from the GST Authority for imposition of penalty for FY 2019-20. The company has been alleged to have claimed excess ITC and short deposited tax. However, the company believes there is no non-compliance on its part and is taking appropriate action, including filing an appeal.

Analysis Scores

Earnings Impact2/10
Growth Catalyst5/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment4/10

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Container Corporation of India Ltd - 531344 - Disclosure Under Reg.30 - Imposition Of Penalty

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cblGft fc;tf«Res 3tltcfli!I ~alcFt ('qffif (Hcbf{ cbT .-fq{M ~) Container Corporation of India Ltd. A Multi-modal Logistics Company (A Navratna CPSE of Govt. of India) ~/'3l& . /SE/104/Vol.-VII/ ~: 21.~0.2026 The Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Dalal Street Exchange Plaza, 5th Floor, Plot No. C/1,G Block, Mumbai-400001 Bandra-Kurla Complex, Sandra (E) Mumbai-400 051 (Through BSE Listing Centre) (Through NEAPS) Dear Sir/Madam, Sub: Disolosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to !he provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Joint Commissioner of State Tax, (Appeals) IV, Sandra, Mumbai has raised demand of GST of Rs.2,91,54,108/- plus penalty of Rs.34,43,968/ and interest of Rs.3,26,43,258/- vide its order dated 19.10.2026, which is received on 19.10.2026. Other details, as required, are as below: i. Name of the authority: Joint Commissioner of State Tax, (Appeals) IV, Sandra, Mumbai. ii. Nature a~d details of the action(s) taken or order(s) passed: Appeal Order (APL-04) for the Appeal made for F.Y 2019-20. Appeal was filed against DRC-07 issued by department under section 73 of CGST Act. iii. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 19-0ctober-2026. iv. Details o~the violation(s)/contravention(s) committed or alleged to be committed: It has been alleged that ITC claimed from GSTR 38 non-filer, excess ITC Claimed and short Deposit of Tax. v. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: On the basis of our internal assessment, the company believes that there is no non-compliance on its part. Hence, there is no material impact on financial, operations or other activities of the company due to the above. Appropriate action, including filing of appeal in this matter are being taken by the Company. This is for your information and record. cfici Jit,cJl.q ~ fit1m fi-1~ls, cfil'11cfil:fl ~~fcf," (fcrc:r) "Qcf cfi". ~ - r /qlf" ffltW:r: fficITT 1lcR, "BT-3, ~ Us, ;,{ ~-110076 Regd. ffice : CO COR Bha\\ an. C-3. 1atJrnra Road, ew Delhi-I I 0076 Cl : L6301 IDL19H~GOIOJ0915 f~ -i@ E-mail: co-pro@. ·oncorindia.com Visit us at: http: ,, w,, .concorindia.co.in M-1'1(11 . . Think Logistics, Think CONCOR ISO 9001 REGISTERED