Apollo Tyres Limited — Others, 05-11-2024: Action(s) initiated or orders passed

Apollo Tyres Ltd. received an order from the Joint Commissioner (Appeals) in Jaipur, demanding GST payment and imposing a penalty of ₹31.57 lakhs related to ITC disallowance. The company plans to appeal this decision before the GST Appellate Tribunal. However, it has stated that this order does not have any material impact on its financial or operational activities.