TVS Supply Chain Solutions Receives ₹4.9 Crore GST Demand for Alleged Excess ITC Availment

TVS Supply Chain Solutions Limited has informed the stock exchanges that it has received an order from the Goods and Services Tax Department at Jamshedpur. The order was issued by the Joint Commissioner of Central GST and Customs on August 25, 2025.

The department has raised a demand of Rs. 4.90 crore on account of alleged excess availment of Input Tax Credit during the financial years 2018-19 to 2022-23. In addition to this, a penalty of Rs. 4.92 crore has also been levied.

In its report, the company said that the order relates to differences noticed by the tax department in the credit claimed under GST.

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Input Tax Credit allows businesses to reduce the tax they pay on outputs by claiming credit for the tax already paid on inputs. The department has alleged that the company claimed more credit than what was legally permitted.

The company has clarified that the claim made by the department is not maintainable and that the order will not have any material impact on its financial position or operations. TVS Supply Chain Solutions also said that it has sought advice from tax experts and will file an appropriate response to challenge the demand. The company intends to pursue legal and judicial remedies against the order.

About Company

TVS Supply Chain Solutions Limited is part of the TVS Group, a diversified conglomerate with a strong presence in automotive and supply chain businesses. The company provides integrated supply chain solutions to customers across industries including automotive, industrial, consumer, tech and utilities. With global operations and a strong client base, it is considered one of the leading supply chain management firms from India.

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