Reliance Industries Ltd has been issued a penalty order of ₹1.11 crore by the Deputy Commissioner of State Tax, Jamnagar, for alleged incorrect availment of input tax credit under GST laws. The company intends to appeal the order and clarifies that there is no impact on its operations or other business activities.
Reliance Industries Ltd (RIL) announced on December 23, 2025, that it received a penalty order from the Deputy Commissioner of State Tax, Jamnagar, amounting to ₹1.11 crore. The penalty was imposed under Section 73 of the Central Goods and Services Tax Act, 2017, and related provisions of the Gujarat GST and Integrated GST Acts. The order alleges that the company incorrectly availed input tax credit, a key aspect of GST compliance.
RIL has stated its intention to file an appeal against the order, challenging the tax department’s interpretation. The company emphasized that the financial impact is limited to the penalty amount and that there is no disruption to its operations or business activities due to this order.
Key Highlights
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Reliance Industries Ltd has been penalized ₹1.11 crore by the Deputy Commissioner of State Tax, Jamnagar.
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The penalty is related to alleged incorrect availment of input tax credit under GST laws.
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RIL plans to appeal the order and disputes the tax department’s interpretation.
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The financial impact is restricted to the penalty amount; no operational disruption is expected.
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The company reaffirms that its business continuity and service delivery remain unaffected.
Source: Reliance Industries Ltd Corporate Announcement, NSE/BSE Corporate Filings