TVS Supply Chain Solutions Limited has received a tax order from the Assistant Commissioner of Central Tax, Karnataka State, totaling ₹1.61 crores related to FY 2018-19 tax compliance issues. The company disclosed this development on December 31, 2025, pursuant to Regulation 30 of SEBI Listing Regulations.

Tax Order Details

The order was received on December 30, 2025, and pertains to violations related to short payment of reverse charge liability and availment of ineligible credit for the financial year 2018-19. The tax authority has imposed comprehensive charges across multiple components.

Nature of Violations

The Assistant Commissioner of Central Tax has passed the order on specific grounds related to GST compliance issues. The violations identified include:

• Short payment of reverse charge liability for FY 2018-19
• Availment of ineligible input tax credit during the same period

These issues relate to the company's tax compliance practices from over six years ago, indicating the extended timeline for tax assessments and orders.

Company's Response and Impact Assessment

TVS Supply Chain Solutions has indicated that this tax demand is not expected to have a material impact on the company's financials, operations, or other business activities. The company has outlined its planned course of action to address the order.

The management plans to file an appropriate response and appeal the order before the relevant authorities within the prescribed timelines. This approach suggests the company intends to contest the tax demand through proper legal channels.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events that could impact investor decisions.

The company secretary, P D Krishna Prasad, signed the disclosure digitally on December 31, 2025, ensuring compliance with regulatory requirements for timely disclosure of significant developments.

TVS Supply Chain Solutions Limited has received a tax order from the Gujarat State Tax Authority for the fiscal year 2021-22, as disclosed in a regulatory filing. The order involves allegations related to reverse charge liability and credit availment.

Order Details and Financial Impact

The Assistant Commissioner of Gujarat State Tax Authority has passed the order on grounds of short payment of reverse charge liability and availment of ineligible credit. The financial implications of the order are detailed in the following breakdown:

Company's Response and Assessment

TVS Supply Chain Solutions has indicated that this tax demand is not expected to have a material impact on the company's financial, operational, or other activities. The company plans to take the following actions in response to the order:

• File an appropriate response to the order
• Appeal the order before the relevant authorities
• Ensure compliance with prescribed timelines for the appeal process

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background Information

The order specifically addresses issues from FY2021-22, focusing on alleged contraventions related to reverse charge mechanism compliance and credit eligibility under the Goods and Services Tax framework. The Gujarat State Tax Authority's action represents part of the ongoing tax compliance monitoring by state authorities across various business entities.

TVS Supply Chain Solutions maintains that the tax demand will not materially affect its business operations while it pursues the legal remedies available through the appellate process.