Ceat Ltd

Ceat Legal & Regulatory

CEAT Limited won its appeal before the Customs, Excise and Service Tax Appellate Tribunal, which set aside a previous order imposing a fine and penalty.

Ceat Legal & Regulatory

CEAT Limited received a favorable order from the Customs, Excise and Service Tax Appellate Tribunal, setting aside a prior penalty and fine order.

Value

₹0.96 Cr

Ceat Legal & Regulatory

CEAT Limited received a revised GST demand order of ₹3.84 Crore from the Commissioner (Appeals). The company is evaluating its options for further appeal.

Value

₹3.84 Cr

From

GST Commissioner (Appeals)

Ceat Legal & Regulatory

CEAT Limited received a favorable GST appeal order involving a Rs. 107 Crore demand. The Commissioner (Appeals) ruled the proceedings unsustainable, resulting in no financial impact.

Value

₹107.0 Cr

Ceat Legal & Regulatory

CEAT Limited announced that the Competition Commission of India found no contravention by the company in a 2019 bid-rigging case, concluding the matter.

Ceat Legal & Regulatory

CEAT Limited received a rectified GST order reducing the total demand and penalty to ₹6.40 Crore. The company is currently exploring legal options to appeal the decision.

Value

₹6.40 Cr

Ceat Legal & Regulatory

CEAT Limited received a favorable order from the Commissioner CGST & Central Excise quashing a ₹276.7 Crore tax demand. The proceedings involved four Show Cause cum Demand Notices regarding the classification of assembling tyre sets. This outcome has no financial impact as the demand was not a defined liability.

Value

₹276.7 Cr