Pidilite Industries Faces GST Penalty Order Worth Rs 13.18 Lakh:

Pidilite Industries Faces GST Penalty Order Worth Rs 13.18 Lakh The Central Goods and Services Tax Authority in Vapi, Gujarat, has issued a GST penalty order of Rs. 13.18 lakh to Pidilite Industries Limited. Pidilite Industries was set up in 1959, and its headquarters are in Mumbai. It is a manufacturer of adhesives, sealants, and construction chemicals in India. It is known for its brands like Fevikwik, Fevicol, and Dr. Fixit. The company received a GST penalty notice for the financial year 2020-2021. The penalty order was sent by email on June 4, 2025, by the Assistant Commissioner of CGST, Vapi, under the rules of the CGST Act.

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The company did not share the exact reason for the penalty in its disclosure, which is allowed as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In its statement, Pidilite said that the order can be challenged, and the company is going through its details. It is also looking at legal options, including exercising an appeal with a higher authority, as allowed under GST laws. The company made it clear that this order will not have any negative effect on the financial position and operation of the company. The company has shared the information on its official website. This shows the company is maintaining transparency while dealing with legal matters.