Ceat Ltd
CEAT Wins Major Tax Dispute 🏛️✅
- Show cause notices issued between April 2016 and May 2019 alleged assembling tyre sets qualified as 'manufacture' under excise and legal metrology laws.
- A differential duty demand of INR 276.7 crore was raised for the period March 2011 to June 2017.
- The competent authority adjudicated in favor of CEAT, quashing all proceedings with no tax, interest, or penalties imposed.
- The company received the communication on April 24, 2026, and confirmed no financial or operational impact.