Delhivery receives GST order demanding ₹14.73 Cr from West Bengal tax authority

0 min read     Updated on 22 Jul 2026, 09:26 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Delhivery received an order from the West Bengal tax authority demanding ₹14.73 Cr for FY20, comprising tax, interest, and penalty due to input tax credit disallowance. The company stated it will take necessary steps and that there is no material impact on its operations.

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Delhivery Limited has received an order from the Office of the Joint Commissioner State Tax - West Bengal confirming a total demand of ₹14.73 Cr for the financial year 2019-20. The order, passed under Section 73 of the CGST/West Bengal GST Act, 2017, arises from the disallowance of input tax credit. The company stated that there is no material impact on its financials, operations, or other activities as a result of this demand.

The communication was received on July 21, 2026. According to the disclosure, the appellate order confirms the financial liabilities arising from the alleged contravention related to input tax credit claims during the specified period.

Breakdown of Demand

The order specifies the monetary implications for the logistics provider, detailing the tax, interest, and penalty components.

Component Amount
Tax Demand ₹ 6,47,15,446/-
Interest Demand ₹7,60,73,467/-
Penalty ₹ 64,71,545/-

Company Response

Delhivery stated that it will take necessary steps regarding the aforesaid order. The management further clarified that there is no material impact on the financials, operations, or other activities of the company as a result of this demand.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.21%-7.43%-2.02%+25.24%+9.46%-11.62%

Will Delhivery appeal this order to a higher judicial authority to challenge the input tax credit disallowance?

Could this order trigger similar scrutiny or demands from other state tax authorities for the same financial year?

How might this development influence Delhivery's future compliance strategy regarding input tax credit claims?

Delhivery Records Rs 50.52 Crore Block Trade on NSE at Rs 482.70 Per Share

0 min read     Updated on 20 Jul 2026, 12:49 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

A notable block trade in Delhivery was executed on the NSE, involving approximately 1046689 shares at Rs 482.70 per share, with a total deal value of Rs 50.52 crore. The transaction underscores continued institutional interest in Delhivery's shares.

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A significant block trade in Delhivery was recorded on the National Stock Exchange (NSE), with approximately 1046689 shares transacted at a price of Rs 482.70 per share, amounting to a total deal value of Rs 50.52 crore.

Block Trade Details

The transaction reflects a sizeable movement of Delhivery shares on the NSE. The key parameters of the block trade are outlined below:

Parameter: Details
Exchange: NSE
Number of Shares: ~1046689
Trade Price: Rs 482.70 per share
Total Trade Value: Rs 50.52 crore

Block trades of this scale are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimise market impact. The transaction in Delhivery underscores continued institutional interest in the company's shares.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.21%-7.43%-2.02%+25.24%+9.46%-11.62%

What does this block trade suggest about institutional sentiment towards Delhivery's future performance?

How might this large transaction impact Delhivery's stock price in the short term?

Could this trade indicate a strategic shift among major shareholders in the logistics sector?

More News on Delhivery

1 Year Returns:+9.46%