Tata Steel resolves GST demand, no penalty imposed

Tata Steel Limited announced the resolution of a Show Cause cum demand Notice issued by the Directorate General of GST Intelligence, Regional Unit, Jamshedpur, concerning erstwhile Tata Steel Long Products Limited (TSLP). The initial notice sought to recover input tax credit compensation cess amounting to ₹161,51,51,635/- and proposed an equivalent penalty.

On December 19, 2025, the joint commissioner of CGST & Central Excise, Jamshedpur, passed a favourable order dated December 17, 2025. The authority acknowledged that Tata Steel had already paid GST amounting to ₹160,28,29,018/- while filing its GST returns, which stands appropriated to the government exchequer. Additionally, the remaining tax demand of ₹1,23,22,617/- was dropped.

Consequently, the aggregate tax demand against the company, totalling ₹161,51,51,635/-, has been set aside, and no penalty has been imposed on Tata Steel Limited.