Amara Raja Energy Mobility Ltd (ARE&M)
Action(s) taken or orders passed
Order dated July 31, 2026, by Additional Commissioner upheld original GST order from April 15, 2024. Issues include excess ITC claimed in GSTR-9 vs GSTR-3B and GSTR-2A for FY18-19 and short-paid tax in GSTR-1 vs GSTR-9 for 2018-19. Tax liability Rs 1.27 Cr, penalty Rs 12.7 Lakh, interest per CGST Act. No material financial impact; liability disclosed as contingent. Company to appeal with pre-deposit.
Source: Original filing PDF
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🚨 ARE&M — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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