Patanjali Foods hit with ₹1,353 cr GST notice over FY23 turnover mismatch
Chennai North GST division has issued Patanjali Foods a show-cause notice demanding ₹1,352.92 cr—split equally between SGST and CGST at ₹676.46 cr each, plus ₹135.29 cr penalty on each leg and 18% interest. Trigger: discrepancies between the company's GSTR-3B filings and deductors' GSTR-7 for FY2022-23. Patanjali says it will contest and sees no immediate liability.
Patanjali Foods received a ₹1,352 crore GST show-cause notice from Chennai North Division over turnover mismatches between its GSTR-3B and deductors' GSTR-7 filings for FY23. Company will contest, expects no immediate liability.
Why this matters
Adds to Patanjali Foods' regulatory overhang as Chennai GST authorities formalise an FY23 turnover-mismatch claim, with the company signalling it will litigate rather than provision.
Retail-company signals steady at 1,309 over the last 90 days.