NSEGeneral Updates2d ago · 29 Oct 2026, 05:44 pm
General Updates
Ndr Auto Components Limited · NDRAUTO
✦ AI SummaryRegulatory
Ndr Auto Components Limited has received an order from the Additional Commissioner of Central Goods and Service Tax, Gurugram Commissionerate, regarding misclassification of goods (Two-wheeler seats) under wrong HSN. The company has deposited the differential tax liability under protest and is paying tax liability thereafter. The order imposed a penalty of Rs. 4.96 crores and interest, but the company is confident of a favourable outcome in its appeal.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Ndr Auto Components Limited has informed the Exchange about General Updates
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NDR AUTO COMPONENTS LIMITED
Corporate office: Plot No.1, Maruti Joint Venture Complex, Gurugram, Haryana-122015
CIN: L29304DL2019PLC347460 Website: www.ndrauto.com
Email id: contact@nacl.co.in Phone No.: 9643339870-74
29.10.2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, Plot No. C/1, G-Block Bandra
PJ Towers, 25th Floor, Dalal Street, Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051.
Scrip Code: 543214 Trading Symbol: NDRAUTO
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘Listing Regulations’)
Dear Sir/Madam,
This is to inform you that the Company has received an Order issued by Additional
Commissioner of Central Goods and Service Tax, Gurugram Commissionerate.
The requisite information as per Para A of Part A of Schedule III under Regulation 30 of
Listing Regulations is given as Annexure A.
Yours faithfully,
For NDR AUTO COMPONENTS LIMITED
Rajat Bhandari
Executive Director and Company Secretary
DIN: 02154950
Encl: As above
Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity,
IGI Airport, New Delhi 110037 Tel.: +91 011-6654 4976
NDR AUTO COMPONENTS LIMITED
Corporate office: Plot No.1, Maruti Joint Venture Complex, Gurugram, Haryana-122015
CIN: L29304DL2019PLC347460 Website: www.ndrauto.com
Email id: contact@nacl.co.in Phone No.: 9643339870-74
Annexure ‘A’
Name of the Authority Additional Commissioner of Central Goods and Service
Tax, Gurugram Commissionerate
Nature and details of the action(s) taken or Issuance of Order by Additional Commissioner of
order(s) passed Central Goods and Service Tax, Gurugram
Commissionerate
Date of receipt of direction or order, including
any ad-interim or interim orders, or any other October 28, 2026
communication from the authority;
Details of the violation(s)/contravention(s) There is an industry-wide dispute concerning the
committed or alleged to be committed; correct classification and rate of GST to be adopted on
supply of two-wheeler seats. To obviate instant dispute,
the Company had already deposited all the differential
tax liability under protest and is paying tax liability
thereafter. An order was issued under section 74 of the
GST Act by the Office of the Commissioner of Central
Goods and Service Tax, Gurugram Commissionerate on
account of misclassification of goods (Two-wheeler
seats) under wrong HSN.
The said order under GST Act:
i) Confirmed the demand and appropriated the amount
of Rs. 4.96 crores against the demand confirmed for the
period from FY 2020-21 to FY 2023-24 (up to January
2024). The said amount has already been deposited by
the Company under protest.
ii)Imposed a penalty of Rs. 4.96 crores on the matter as
s tated above and interest, as applicable.
Impact on financial, operation or other The Company is in the process of filing an appeal
activities of the listed entity, quantifiable in against the aforesaid Order before the Commissioner of
monetary terms to the extent possible. Central Goods and Service Tax, Appeals, Gurugram. As
per Company’s own assessment and also based on
legal advice received, management is confident of
favourable outcome for such appeal.
Hence no impact is envisaged on the financials,
operations or other activities of the Company on
account of the above-mentioned order.
Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity,
IGI Airport, New Delhi 110037 Tel.: +91 011-6654 4976