Eternal has received two significant GST demand orders totalling ₹10.97 crore for past tax periods. The orders, received on 18 March 2026, pertain to alleged short payments of tax, along with interest and penalties.
The first order, issued by the Additional Commissioner of CGST Gurugram Commissionerate, concerns the period from April 2019 to March 2020. It confirms a GST demand of ₹4,97,99,769, with an equivalent penalty amount. The second order, from the Assistant Commissioner in Ranchi, Jharkhand, covers the period from April 2022 to March 2023, demanding ₹5,99,95,835 in GST, along with interest of ₹2,69,98,126 and a penalty of ₹59,99,583.
Eternal has stated its intention to appeal against these orders, asserting a strong case on merits. The company does not anticipate any financial impact from these orders, as it believes the demands are contestable.
The details of these orders are available on the company’s website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).