Reliance Industries Faces Rs 1.11 Crore GST Penalty, Company Plans Appeal:

The Reliance Industries receives penalty order of Rs 1.11 Crore under Section 73 of CGST Act From jamnagar GST Authorities.
Reliance Industries Limited Hit With GST Penalty

Reliance Industries Faces Rs 1.11 Crore GST Penalty, Company Plans Appeal
The Reliance Industries Limited, India's largest private sector conglomerate, received a penalty order of Rs 1.11 crore from the Deputy Commissioner of State Tax, Jamnagar.
This disclosure is made by Reliance Industries Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Through which, the company informed about the receipt of the Penalty order on December 23, 2025.
The company added that the penalty order has been issued under Section 73 of the Central Goods and Services Tax Act, 2017 alleging incorrect availment of input tax credit by the company.
However Company does not believe the same and is planning to file an appeal against the order. Company further added that the financial impact of the Order is only the amount of the penalty.
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Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
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Delhi, Delhi, India
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