Apollo Tyres Limited submitted the details of order received by the Company under Central Goods and Services Tax Act, 2017. Name of the authority Excise and Taxaon Officer (GST), Haryana Order passed under GST Act demanding GST and levying consequently penalty of INR 0.374 million. Date of receipt of direction or order, April 09, 2024.

Details of the violation is Dispute regarding availment of ITC. The Company will file appeal before Appellate Authority in due course. There is no material impact of the same on financial, operations or other activates of the Company.