4.60 (0.30%) Reliance Industries has informed that the Company has received an order dated November 25, 2025 (‘Order’) from the Joint Commissioner, CGST, Ahmedabad imposing on the Company a penalty of Rs. 56.44 crore under Section 74 of the Central Goods and Services Tax Act, 2017, the Gujarat Goods and Services Tax, 2017 read with applicable provisions of the Integrated Goods and Services Act, 2017. The Order has been passed interpreting input tax credit falling under blocked credit ignoring classification of services by service provider. The Company intends to file an appeal against the Order. The financial impact of the Order is to the extent of the penalty levied. There is no impact on operations or other activities of the Company due to the Order. Intimation of the Order was received by the Company on November 27, 2025, by email, at 11:04 am (IST).
The above information is a part of company’s filings submitted to BSE.