Chennai-based tyre manufacturer MRF Ltd has received a significant reduction in a tax demand related to ongoing material litigation concerning Central Sales Tax (CST) assessments for fiscal 2014-15.
On the Rectification Application filed on April 29, 2021 by MRF Limited, the Deputy Commissioner State Tax, Pala, Kerala passed a rectification order on September 30, 2026, reducing the total demand from ₹91.53 crores to ₹36.19 crores, the company has said in an exchange filing.
The company is examining the order and will take an appropriate decision to challenge the demand, the announcement said.
At the time of filing this report, the company’s share price on the BSE was trading at ₹122714.35, down by₹398.10(-0.32 per cent).
Published on October 8, 2026
