The order was issued by the Additional Commissioner of CGST & Central Excise, Chennai North Commissionerate, concerning an amount determined as payable under Section 74 of the Central Goods and Services Tax Act, 2017.
According to the disclosure, this order pertains to six financial years from FY 2018–19 to FY 2023–24 and alleges the incorrect availing of input tax credit. The tax demand totals ₹108.50 crore, accompanied by an equivalent penalty, in addition to applicable interest.
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The order was posted on the GST portal and was received by the company via a system-generated email on December 31, 2025, at 10:28 pm IST.
Britannia Industries stated that there is no major impact on its finances, operations, or other activities resulting from this order. The company noted that the order is subject to appeal and that it will take necessary actions, including utilizing legal remedies available under the GST law.
Shares of Britannia Industries Ltd closed at ₹5,999.00, down by ₹32.00, or 0.53%, on the BSE.
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