MRF says a Kerala rectification order cuts a sales tax demand from ₹91.53 crore to ₹36.19 crore
- Legal
- Tyres
MRF Limited has told the exchanges on 7 Oct 2026 that the Deputy Commissioner (State Tax), Pala, Kerala, passed a rectification order dated 30 Sep 2026, received on 6 Oct 2026, that reduces the total demand in a CST assessment for the financial year 2014-15 from ₹91.53 crore to ₹36.19 crore. The matter, before the Deputy Commissioner, Commercial Taxes, Kottayam, concerns export clearances and declaration forms under sales tax, and was first disclosed on 14 Aug 2023.
The company had filed the rectification application on 29 Apr 2021. It says it is examining the order and will take an appropriate decision to challenge the remaining demand.
Inference
The demand falls by about ₹55 crore, or 60%, but a demand of ₹36.19 crore remains. The company says it will decide how to challenge that portion.
Reference: Original filing (PDF)
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