Birla Corporation Limited's Wholly Owned Subsidiary Receives Rs 15.02 Crore SCN Over Ineligible/Excess ITC Availment:

Birla Corporation Limited's Wholly Owned Subsidiary Receives Rs 15.02 Crore SCN Over Ineligible/Excess ITC Availment

RCCPL, a wholly owned material subsidiary of Birla Corporation Limited, has received a show cause notice for ineligible/excess ITC availment of Rs 15.02 crore.

Company Believes Notice Invalid

authorSaloni KumaridateSep 21, 2026
Last update on Sep 21, 2026

RCCPL Private Limited (RCCPL), a wholly owned material subsidiary of Birla Corporation Limited, has received a show cause notice (SCN), passed by the Additional Commissioner, Central Goods & Services Tax (CGST) and Central Excise, Jabalpur, on account of ineligible/excess availment of Input Tax Credit (ITC) of about Rs 15.02 crore (along with applicable interest and penalty) for the Assessment Year 2022-23.

The company had received the said notice on September 18, 2026, at around 11.34 p.m. (IST). According to the company's disclosure, the ineligible/excess ITC availed by the RCCPL violated Section 16(4) of the CGST Act, 2017, read with Section 20 of the IGST Act, 2017.

ICAI Plans Chartered Accountant Act Changes to Help Indian Firms Compete With Global Giants

The received show cause notice pertains to the on-reflection of Bills of Entry in GSTR-2B during the respective tax periods in which the credit was availed, which was thereafter disclosed in GSTR-2B after the statutory time limit prescribed under Section 16(4) of the CGST Act, 2017.

The company has a strong believe that the issued notice is invalid as per the law, and accordingly, the company will take all appropriate steps to challenge the same before the relevant Adjudicating Authority within the prescribed timelines. As per the disclosure, the present action does not have any impact on the company's financial, operational, or other business activities.

Delhi HC Refuses Writ Intervention After Rs 5.71 Crore GST Demand Order, Relegates Petitioner to Statutory Appeal

The aforementioned disclosure has been made by Birla Corporation Limited vide an Intimation dated September 19, 2026, issued under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation has been addressed to the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE).

Refer to the official intimation for complete information.

About Author

LinkedIn

Saloni Kumari

Content Writer

Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
StudyCafe
Delhi, Delhi, India
2785
Up Next

Loading suggestions…