BSECompany Update21 Aug 2026 · 21 Aug 2026, 07:54 pm
Disclosure under Regulation 30 of the SEBI LODR Regulations, 2015
Coromandel International Ltd · 506395
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Coromandel International Ltd has received an order from the Joint Commissioner (Appeals) for FY 2018-19 under the CGST Act, 2017, demanding Rs. 1,23,51,441/- along with penalty and interest for alleged excess availing of Input Tax Credit (ITC) due to mismatch between ITC availed in GSTR-3B and ITC auto-populated in GSTR-2A. The company believes it has a strong case to defend and has preferred an appeal against the order.
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Coromandel International Ltd - 506395 - Announcement Under Regulation 30
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Ref. no: 2026-27/034 August 21, 2026
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street,
Bandra (E), Mumbai 400 051 Mumbai 400 001.
Scrip Code: COROMANDEL Scrip Code: 506395
Dear Sirs / Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
We wish to submit the disclosure regarding the Order passed by the Joint Commissioner(Appeals),
Office Of The Commissioner(Appeals), Jammu.
The necessary details in this regard as specified under the SEBI Listing Regulations are enclosed in
the Annexure.
We request you to take this submission on record.
Thanking you,
Yours truly,
For Coromandel International Limited
B Shanmugasundaram
Company Secretary & Compliance Officer
Encl.: a/a
Annexure
Name of the authority; Joint Commissioner (Appeals), CGST Appeal
Commissionerate, Jammu
Nature and details of the action(s) taken Order-in-Appeal for FY 2018-19 under Section 73 of
or order(s) passed the CGST / JKGST Act, 2017 read with corresponding
provisions of the IGST Act, 2017 for tax amounting to
Rs. 1,23,51,441/- along with penalty of Rs.12,35,144/-
and applicable interest.
Date of receipt of order 20th August 2026
Details of the violation(s)/contravention(s) The Order was passed, confirming the demand mainly
committed or alleged to be committed; on alleged excess availment of Input Tax Credit (ITC)
due to mismatch between ITC availed in GSTR-3B and
ITC auto-populated in GSTR-2A for FY 2018-19
Impact on financial, operation or other The Company believes it has a strong case to defend
activities of the listed entity, quantifiable on the merits and appeal is preferred against the
in monetary terms to the extent possible. order before the GST Appellate Tribunal, Jammu. No
significant impact on the financials, operations or
other activities of the company.