MRF’s Kerala sales-tax demand reduced to Rs.36.19 crore
As filed · MRF Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryImprovingMinormateriality 45 out of 100
What happened
FactA rectification order dated 30.09.2026 reduced MRF’s CST demand for financial year 2014-15 from Rs. 91.53 crores to Rs.36.19 crores. The matter concerns export clearances and declaration forms under sales tax, and MRF said it is examining the order and may challenge the remaining demand.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 0.1% of FY26 revenue
₹36.19 Cr stated in the filing against ₹30,652.08 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- The rectification order substantially lowers the stated tax demand, though MRF may still contest the remaining amount.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%