Castrol India Wins ₹41.31 Billion Tax Battle Against Maharashtra Sales Tax Department

Castrol India Ltd has secured a major legal victory as the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled in its favor, rejecting appeals filed by the Maharashtra Sales Tax Department (MSTD). The case revolved around cumulative demand orders totaling ₹41.31 billion for the financial years 2007–08 to 2017–18.

 

Key Highlights:

Strategic Impact:

Sources: Business Standard, Moneycontrol, Castrol India Investor Filings, Financial Express.