Tata Steel (TATASTEEL) — Announcement

Tata Steel disclosed a GST demand notice from Jamshedpur tax authorities seeking to recover ₹890.52 crores of input tax credit availed during FY18-19 to FY20-21, alleging irregular claims under Sections 16 and 41 of the CGST Act. The company received the notice on June 24, 2025, and plans to contest it within the 30-day response window, asserting the demand lacks merit and will not impact operations or financials.

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About Tata Steel Limited (TATASTEEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹2,70,692.8 Cr P/E: 29.5 ROE: 10.1% ROCE: 10.9%

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