Delhivery Subsidiary Ecom Express Receives ₹1.67 Crore GST Demand Order for FY2019-20
Delhivery's subsidiary Ecom Express Limited received a GST order demanding ₹1,67,35,151 for FY2019-20, comprising ₹52,78,817 tax demand, ₹61,77,517 interest, and ₹52,78,817 penalty due to input tax credit disallowance. The company will appeal the order and expects no material impact on operations or financials.

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Delhivery Limited has informed stock exchanges about a significant GST order received by its subsidiary Ecom Express Limited, involving a total demand of over ₹1.67 crore for the financial year 2019-20. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations on March 17, 2026.
GST Order Details
Ecom Express Limited received an order dated March 16, 2026, from the Office of the Deputy Commissioner, Lucknow, Uttar Pradesh, under Section 74 of the Central Goods and Services Tax Act, 2017 and the Uttar Pradesh Goods and Services Tax Act, 2017.
| Component: | Amount (₹) |
|---|---|
| Tax Demand: | 52,78,817 |
| Interest: | 61,77,517 |
| Penalty: | 52,78,817 |
| Total Demand: | 1,67,35,151 |
Nature of Violation
The GST demand has been raised on account of disallowance of input tax credit for the financial year 2019-20. The order was passed under the provisions of both central and state GST laws, indicating potential issues with the subsidiary's tax credit claims during that period.
Company's Response and Impact
Ecom Express Limited plans to file an appeal against the order with the appropriate appellate authority. The company has assessed that there will be no material impact on the financials, operations, or other activities of both Ecom Express and Delhivery Limited.
Regulatory Compliance
The disclosure was made by Company Secretary and Compliance Officer Madhulika Rawat in compliance with SEBI Listing Regulations. The information has also been hosted on the company's website at www.delhivery.com as part of transparency requirements.
This development represents a regulatory challenge for Delhivery's subsidiary, though the company maintains confidence in its position through the planned appeal process.
Historical Stock Returns for Delhivery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.17% | -1.09% | -4.35% | -14.67% | +64.18% | -22.92% |






























