Petronet LNG Moves Gujarat High Court Challenging Rs 283.72 Crore GST Show Cause Notice on Use or Pay Charges:

Petronet LNG Limited has filed a writ petition before the Gujarat High Court, challenging a show cause notice (SCN) passed by the Directorate General of GST Intelligence, Delhi Zonal Unit. The petition was filed on October 30, 2026.

The SCN was served to the company on Use or Pay Charges. The company presently does not expect any material impact on its financials or operations due to the said WRIT petition/SCN.

According to the company, the impugned show cause notice has proposed recovery of GST amounting to Rs 283.72 crore (Rs 262.61 crore for FY 2022-23 and FY 2023-24 and Rs 21.11 crore for FY 2024-25), along with applicable interest and an equivalent penalty. The company does not feel the imposed demand or SCN is justified.

Petronet LNG Limited has made the aforementioned disclosure to the stock exchanges, comprising the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE), vide an Intimation dated October 30, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to the official intimation for complete information.