Mumbai, February 1, 2025 – Whirlpool of India Limited (NSE: WHIRLPOOL, BSE: 600238) has disclosed an order issued by the Office of the Superintendent CGST, Pune, disallowing GST input tax credit amounting to ₹11,32,582 for financial years 2017-18, 2018-19, and 2019-20. The order, dated January 28, 2025, also imposes an 18% interest charge and a penalty of ₹11,32,582.
Regulatory Disclosure and Compliance
The company received the order on January 31, 2025, and has stated that it does not foresee a material impact on its financials, operations, or other business activities due to this development. Whirlpool has confirmed that it plans to file an appeal against the order before the appropriate authority.The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring transparency for investors and stakeholders.