Eternal Ltd

Eternal Ltd Faces GST Demand Order of ₹1.75 Crore 💰

• Received GST demand order from Deputy Commissioner, State Tax, Lucknow on February 4, 2026

• Covers period from April 2019 to March 2020

• Total GST demand: ₹50,52,803

• Interest: ₹64,17,501

• Penalty: ₹60,56,806

• Total potential liability: ₹175,27,110

• Alleged excess availment of input tax credit under Section 74 of GST Acts

• Company states it has strong case and plans to file appeal

• Expects no financial impact from the order