Maruti Suzuki India has received an Adjudication Order from the Haryana GST Authority, confirming a tax demand of Rs 384.17 million. The order pertains to the period from April 2019 to March 2024, involving a GST liability related to Tax Credit Notes. An equal penalty of Rs 384.17 million has also been imposed.
The company plans to file an appeal against the order with the first appellate authority. Despite the significant tax demand and penalty, Maruti Suzuki India has stated that the order will not have a major impact on its financial, operational, or other activities.
The Adjudication Order was received on 31st March 2026, and the company is taking necessary steps to address the issue. The appeal process is expected to provide an opportunity for Maruti Suzuki India to contest the tax demand and penalty imposed by the Haryana GST Department.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).